16, HALFORD DRIVE, MANCHESTER, M40 0BP - £153,000

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.

16 HALFORD DRIVE is a very small terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £201,900. It was last sold for £153,000 in October 2020, which was around 15% below the average October 2020 terraced price in the Manchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 HALFORD DRIVE Sold Prices

Land registry data shows four sales for 16 HALFORD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Manchester local authority area for the corresponding sale date. All of the four 16 HALFORD 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 21 OCT	£153,000	£180,867	15% below HPI
2018 29 JUN	£135,000	£161,970	17% below HPI
2017 29 NOV	£90,000	£155,782	42% below HPI
2007 28 JUN	£100,000	£123,094	19% below HPI

16 HALFORD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Manchester local authority area over time, sourced from the HPI. The four 16 HALFORD DRIVE sales between June 2007 and October 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 June 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 HALFORD DRIVE be worth now?

16 HALFORD DRIVE might now be worth an estimated £201,900.

This is based on house price inflation of 32%, between October 2020 and June 2025, for terraced 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 32% inflationary increase is applied to the most recent sale price for 16 HALFORD DRIVE of £153,000 on 21st October 2020. For the value to have increased from £153,000 to £201,900 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 16 HALFORD DRIVE has moved in line with the HPI for terraced houses in the Manchester local authority area.
• The October 2020 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HALFORD DRIVE has not materially changed since October 2020.

How Large is 16 HALFORD DRIVE?

16 HALFORD DRIVE is 75m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of terraced houses houses in Manchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Manchester, and where 16 HALFORD DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 16 HALFORD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Manchester.

16 HALFORD DRIVE: Plot and Title Map

16 HALFORD DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 16 HALFORD 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 16 HALFORD 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 16 HALFORD DRIVE?

16 HALFORD DRIVE is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 16 on HALFORD DRIVE.