1, VIRGINIA DRIVE, PENDLEBURY, MANCHESTER, M27 8BR - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 VIRGINIA DRIVE is a small detached house of 94m². It was last sold for £285,000 in November 2020, which was around 13% below the average November 2020 detached price in the Salford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

1 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 1 VIRGINIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Both of the two 1 VIRGINIA DRIVE 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
2020 13 NOV	£285,000	£328,628	13% below HPI
2017 12 JUL	£199,995	£272,587	27% below HPI

1 VIRGINIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 1 VIRGINIA DRIVE sales from July 2017 and November 2020 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 July 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 VIRGINIA DRIVE?

1 VIRGINIA DRIVE is 94m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 1 VIRGINIA DRIVE lies on this distribution: 33% of detached houses are smaller than 1 VIRGINIA DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

1 VIRGINIA DRIVE: Plot and Title Map

1 VIRGINIA DRIVE sits on a plot of roughly 5.1 acres, or 20,483m². The below map shows the location of 1 VIRGINIA DRIVE, 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 VIRGINIA DRIVE). 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 VIRGINIA DRIVE?

1 VIRGINIA DRIVE is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 1 on VIRGINIA DRIVE.