18, REEDLEY DRIVE, WORSLEY, MANCHESTER, M28 7XR - £415,000

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

18 REEDLEY DRIVE is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £415,000 in October 2017, which was around 50% above the average October 2017 detached price in the Salford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

18 REEDLEY DRIVE Sold Prices

Land registry data shows three sales for 18 REEDLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 18 REEDLEY DRIVE sales were for above 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
2017 11 OCT	£415,000	£276,863	50% above HPI
2012 24 FEB	£249,999	£189,825	32% above HPI
2004 25 NOV	£250,000	£187,725	33% above HPI

18 REEDLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The three 18 REEDLEY DRIVE sales between November 2004 and October 2017 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 February 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2017 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 18 REEDLEY DRIVE?

18 REEDLEY DRIVE is 87m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 18 REEDLEY DRIVE lies on this distribution: 16% of detached houses are smaller than 18 REEDLEY DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Walkden.

18 REEDLEY DRIVE: Plot and Title Map

18 REEDLEY DRIVE sits on a plot of roughly 1.3 acres, or 5,123m². The below map shows the location of 18 REEDLEY 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 REEDLEY 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 REEDLEY DRIVE?

18 REEDLEY DRIVE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 18 on REEDLEY DRIVE.