2, CHESTNUT AVENUE, WHITEFIELD, MANCHESTER, M45 7HN - £210,000

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 CHESTNUT AVENUE is a very small detached house of 40m², built sometime between 1930 and 1949, which could now be worth an estimated £254,588. It was last sold for £210,000 in December 2020, which was around 35% below the average December 2020 detached price in the Bury local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

2 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 2 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 2 CHESTNUT AVENUE 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 22 DEC	£210,000	£321,874	35% below HPI
2009 29 MAY	£125,000	£198,954	37% below HPI

2 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 2 CHESTNUT AVENUE sales from May 2009 and December 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 May 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 CHESTNUT AVENUE be worth now?

2 CHESTNUT AVENUE might now be worth an estimated £254,588.

This is based on house price inflation of 21.2%, between December 2020 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 2 CHESTNUT AVENUE of £210,000 on 22nd December 2020. For the value to have increased from £210,000 to £254,588 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Bury local authority area.
• The December 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT AVENUE has not materially changed since December 2020.

How Large is 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is 40m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitefield, and where 2 CHESTNUT AVENUE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 CHESTNUT AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

2 CHESTNUT AVENUE: Plot and Title Map

2 CHESTNUT AVENUE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 2 on CHESTNUT AVENUE.