18, ASPENWOOD DRIVE, MANCHESTER, M9 8NP - £145,000

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.

18 ASPENWOOD DRIVE is a very small detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £341,973. It was last sold for £145,000 in January 2009, which was around 26% below the average January 2009 detached price in the Manchester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

18 ASPENWOOD DRIVE Sold Prices

Land registry data shows two sales for 18 ASPENWOOD 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 Manchester local authority area for the corresponding sale date. Both of the two 18 ASPENWOOD 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
2009 22 JAN	£145,000	£195,148	26% below HPI
2003 7 OCT	£103,995	£129,583	20% below HPI

18 ASPENWOOD DRIVE 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 18 ASPENWOOD DRIVE sales from October 2003 and January 2009 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 October 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 ASPENWOOD DRIVE be worth now?

18 ASPENWOOD DRIVE might now be worth an estimated £341,973.

This is based on house price inflation of 135.8%, between January 2009 and February 2025, for 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 135.8% inflationary increase is applied to the most recent sale price for 18 ASPENWOOD DRIVE of £145,000 on 22nd January 2009. For the value to have increased from £145,000 to £341,973 over the fifteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 ASPENWOOD DRIVE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The January 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ASPENWOOD DRIVE has not materially changed since January 2009.

How Large is 18 ASPENWOOD DRIVE?

18 ASPENWOOD DRIVE is 80m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 18 ASPENWOOD DRIVE lies on this distribution: 17% of detached houses houses are smaller than 18 ASPENWOOD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Manchester.

18 ASPENWOOD DRIVE: Plot and Title Map

18 ASPENWOOD DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 18 ASPENWOOD 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 18 ASPENWOOD 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 18 ASPENWOOD DRIVE?

18 ASPENWOOD DRIVE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 18 on ASPENWOOD DRIVE.