12, RED CEDAR CLOSE, MANCHESTER, M9 7GS - £275,000

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

12 RED CEDAR CLOSE is a midsized detached house of 101m². It was last sold for £275,000 in September 2021, which was around 28% below the average September 2021 detached price in the Manchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

12 RED CEDAR CLOSE Sold Prices

Land registry data shows two sales for 12 RED CEDAR CLOSE 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 12 RED CEDAR 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
2021 10 SEP	£275,000	£381,246	28% below HPI
2016 20 SEP	£216,995	£271,764	20% below HPI

12 RED CEDAR 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 two 12 RED CEDAR CLOSE sales from September 2016 and September 2021 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 September 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 RED CEDAR CLOSE?

12 RED CEDAR CLOSE is 101m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 12 RED CEDAR CLOSE lies on this distribution: 41% of detached houses are smaller than 12 RED CEDAR CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Manchester.

12 RED CEDAR CLOSE: Plot and Title Map

12 RED CEDAR CLOSE sits on a plot of roughly 18.3 acres, or 74,113m². The below map shows the location of 12 RED CEDAR 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 12 RED CEDAR 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 12 RED CEDAR CLOSE?

12 RED CEDAR CLOSE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 12 on RED CEDAR CLOSE.