2, RAILTON TERRACE, MANCHESTER, M9 4WE - £175,000

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 RAILTON TERRACE is a small detached house of 91m². It was last sold for £175,000 in July 2019, which was around 45% below the average July 2019 detached price in the Manchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

2 RAILTON TERRACE Sold Prices

Land registry data shows four sales for 2 RAILTON TERRACE 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 RAILTON TERRACE 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
2019 5 JUL	£175,000	£316,699	45% below HPI
2015 24 APR	£152,995	£233,602	35% below HPI
2006 18 DEC	£55,000	£211,971	74% below HPI
1996 12 DEC	£26,500	£60,467	56% below HPI

2 RAILTON TERRACE 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 RAILTON TERRACE sales between December 1996 and July 2019 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 April 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 RAILTON TERRACE?

2 RAILTON TERRACE is 91m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 2 RAILTON TERRACE lies on this distribution: 30% of detached houses are smaller than 2 RAILTON TERRACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 RAILTON TERRACE: Plot and Title Map

2 RAILTON TERRACE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 RAILTON TERRACE, 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 RAILTON TERRACE). 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 RAILTON TERRACE?

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