15, TOWCESTER CLOSE, MANCHESTER, M4 7FB - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 TOWCESTER CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £222,746. It was last sold for £130,000 in October 2016, which was around 29% below the average October 2016 semi-detached price in the Manchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

15 TOWCESTER CLOSE Sold Prices

Land registry data shows three sales for 15 TOWCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Manchester local authority area for the corresponding sale date. All of the three 15 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
2016 28 OCT	£130,000	£183,196	29% below HPI
2014 7 NOV	£97,500	£159,379	39% below HPI
2003 13 JUN	£46,000	£73,653	38% below HPI

15 TOWCESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Manchester local authority area over time, sourced from the HPI. The three 15 TOWCESTER CLOSE sales between June 2003 and October 2016 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 TOWCESTER CLOSE be worth now?

15 TOWCESTER CLOSE might now be worth an estimated £222,746.

This is based on house price inflation of 71.3%, between October 2016 and February 2025, for semi-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 71.3% inflationary increase is applied to the most recent sale price for 15 TOWCESTER CLOSE of £130,000 on 28th October 2016. For the value to have increased from £130,000 to £222,746 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 TOWCESTER CLOSE has moved in line with the HPI for semi-detached houses in the Manchester local authority area.
• The October 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TOWCESTER CLOSE has not materially changed since October 2016.

How Large is 15 TOWCESTER CLOSE?

15 TOWCESTER CLOSE is 58m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Manchester, and where 15 TOWCESTER CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 15 TOWCESTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Manchester.

15 TOWCESTER CLOSE: Plot and Title Map

15 TOWCESTER CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 15 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 15 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 15 TOWCESTER CLOSE?

15 TOWCESTER CLOSE is located in MANCHESTER, in the M4 postcode district. The below map shows the position of No. 15 on TOWCESTER CLOSE.