2, CHERINGTON DRIVE, TYLDESLEY, MANCHESTER, M29 8WE - £250,000

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 CHERINGTON DRIVE is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £399,998. It was last sold for £250,000 in August 2016, which was around 28% above the average August 2016 detached price in the Wigan local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHERINGTON DRIVE Sold Prices

Land registry data shows three sales for 2 CHERINGTON 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 Wigan local authority area for the corresponding sale date. Two of the three 2 CHERINGTON DRIVE sales were for above the average price, whilst one was 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 18 AUG	£250,000	£194,609	28% above HPI
2016 19 MAY	£250,000	£188,559	33% above HPI
2007 18 MAY	£21,250	£192,395	89% below HPI

2 CHERINGTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The three 2 CHERINGTON DRIVE sales between May 2007 and August 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 May 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2016 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 CHERINGTON DRIVE be worth now?

2 CHERINGTON DRIVE might now be worth an estimated £399,998.

This is based on house price inflation of 60%, between August 2016 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 2 CHERINGTON DRIVE of £250,000 on 18th August 2016. For the value to have increased from £250,000 to £399,998 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CHERINGTON DRIVE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The August 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERINGTON DRIVE has not materially changed since August 2016.

How Large is 2 CHERINGTON DRIVE?

2 CHERINGTON DRIVE is 89m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 2 CHERINGTON DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 CHERINGTON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

2 CHERINGTON DRIVE: Plot and Title Map

2 CHERINGTON DRIVE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 2 CHERINGTON 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 CHERINGTON 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 CHERINGTON DRIVE?

2 CHERINGTON DRIVE is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 2 on CHERINGTON DRIVE.