2, ASPENWOOD DRIVE, MANCHESTER, M9 8NP - £275,000

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.

2 ASPENWOOD DRIVE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £265,838. It was last sold for £275,000 in July 2024, which was around 42% below the average July 2024 detached price in the Manchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 ASPENWOOD DRIVE Sold Prices

Land registry data shows three sales for 2 ASPENWOOD 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 Manchester local authority area for the corresponding sale date. All of the three 2 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
2024 15 JUL	£275,000	£476,106	42% below HPI
2007 7 SEP	£156,000	£230,713	32% below HPI
2003 31 JAN	£89,995	£109,465	18% below HPI

2 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 three 2 ASPENWOOD DRIVE sales between January 2003 and July 2024 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 ASPENWOOD DRIVE be worth now?

2 ASPENWOOD DRIVE might now be worth an estimated £265,838.

This is based on house price deflation of 3.3%, between July 2024 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 3.3% deflationary decrease is applied to the most recent sale price for 2 ASPENWOOD DRIVE of £275,000 on 15th July 2024. For the value to have decreased from £275,000 to £265,838 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 ASPENWOOD DRIVE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The July 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASPENWOOD DRIVE has not materially changed since July 2024.

How Large is 2 ASPENWOOD DRIVE?

2 ASPENWOOD DRIVE is 80m² according to the EPC inspection conducted in August 2023. 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 2 ASPENWOOD DRIVE lies on this distribution: 17% of detached houses houses are smaller than 2 ASPENWOOD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 ASPENWOOD DRIVE: Plot and Title Map

2 ASPENWOOD DRIVE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 2 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 2 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 2 ASPENWOOD DRIVE?

2 ASPENWOOD DRIVE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 2 on ASPENWOOD DRIVE.