2, COLCHESTER CLOSE, MANCHESTER, M23 9QF - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 COLCHESTER CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £285,000 in January 2024, which was around 34% below the average January 2024 detached price in the Manchester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 COLCHESTER CLOSE Sold Prices

Land registry data shows four sales for 2 COLCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. All of the four 2 COLCHESTER CLOSE 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 9 JAN	£285,000	£434,162	34% below HPI
2019 22 NOV	£185,000	£331,380	44% below HPI
2003 5 SEP	£110,000	£127,850	14% below HPI
1997 28 FEB	£46,000	£61,729	25% below HPI

2 COLCHESTER CLOSE 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 four 2 COLCHESTER CLOSE sales between February 1997 and January 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 November 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 COLCHESTER CLOSE?

2 COLCHESTER CLOSE is 60m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses by size in Wythenshawe, and where 2 COLCHESTER CLOSE lies on this distribution: 2% of detached houses are smaller than 2 COLCHESTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

2 COLCHESTER CLOSE: Plot and Title Map

2 COLCHESTER CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 COLCHESTER CLOSE, 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 COLCHESTER CLOSE). 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 COLCHESTER CLOSE?

2 COLCHESTER CLOSE is located in MANCHESTER, in the M23 postcode district. The below map shows the position of No. 2 on COLCHESTER CLOSE.