1, TOWCESTER CLOSE, MANCHESTER, M4 7FB - £116,800

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 TOWCESTER CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £279,714. It was last sold for £116,800 in January 2006, which was around 39% below the average January 2006 detached price in the Manchester local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

1 TOWCESTER CLOSE Sold Prices

Land registry data shows four sales for 1 TOWCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. All of the four 1 TOWCESTER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 27 JAN	£116,800	£190,378	39% below HPI
2003 15 NOV	£80,000	£131,770	39% below HPI
2002 27 AUG	£44,325	£106,053	58% below HPI
1995 10 MAY	£47,000	£60,767	23% below HPI

1 TOWCESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The four 1 TOWCESTER CLOSE sales between May 1995 and January 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2006 sale, which was also at 39% below the HPI.

What might 1 TOWCESTER CLOSE be worth now?

1 TOWCESTER CLOSE might now be worth an estimated £279,714.

This is based on house price inflation of 139.5%, between January 2006 and December 2024, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 139.5% inflationary increase is applied to the most recent sale price for 1 TOWCESTER CLOSE of £116,800 on 27th January 2006. For the value to have increased from £116,800 to £279,714 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of 1 TOWCESTER CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The January 2006 sale price of £116,800 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWCESTER CLOSE has not materially changed since January 2006.

How Large is 1 TOWCESTER CLOSE?

1 TOWCESTER CLOSE is 68m² according to the EPC inspection conducted in December 2024. This puts it in the smallest 10% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 1 TOWCESTER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 TOWCESTER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Manchester.

1 TOWCESTER CLOSE: Plot and Title Map

1 TOWCESTER CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 TOWCESTER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 TOWCESTER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 TOWCESTER CLOSE?

1 TOWCESTER CLOSE is located in MANCHESTER, in the M4 postcode district. The below map shows the position of No. 1 on TOWCESTER CLOSE.