113, THE FAIRWAY, MANCHESTER, M40 3WT - £240,000

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

113 THE FAIRWAY is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £240,000 in July 2023, which was around 44% below the average July 2023 detached price in the Manchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

113 THE FAIRWAY Sold Prices

Land registry data shows two sales for 113 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 113 THE FAIRWAY 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
2023 17 JUL	£240,000	£429,233	44% below HPI
2000 19 MAY	£70,000	£74,818	6% below HPI

113 THE FAIRWAY 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 two 113 THE FAIRWAY sales from May 2000 and July 2023 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 May 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 113 THE FAIRWAY?

113 THE FAIRWAY is 84m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 113 THE FAIRWAY lies on this distribution: 21% of detached houses are smaller than 113 THE FAIRWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Manchester.

113 THE FAIRWAY: Plot and Title Map

113 THE FAIRWAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 113 THE FAIRWAY, 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 113 THE FAIRWAY). 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 113 THE FAIRWAY?

113 THE FAIRWAY is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 113 on THE FAIRWAY.