2, STONEMEAD DRIVE, MANCHESTER, M9 6AF - £193,000

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 STONEMEAD DRIVE is a midsized extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £348,179. It was last sold for £193,000 in September 2015, which was around 24% below the average September 2015 detached price in the Manchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

2 STONEMEAD DRIVE Sold Prices

Land registry data shows two sales for 2 STONEMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. One of the two 2 STONEMEAD DRIVE sales was for below the average price, whilst the other was for above 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
2015 25 SEP	£193,000	£255,119	24% below HPI
2005 21 APR	£195,000	£162,530	20% above HPI

2 STONEMEAD 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 two 2 STONEMEAD DRIVE sales from April 2005 and September 2015 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 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 STONEMEAD DRIVE be worth now?

2 STONEMEAD DRIVE might now be worth an estimated £348,179.

This is based on house price inflation of 80.4%, between September 2015 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 80.4% inflationary increase is applied to the most recent sale price for 2 STONEMEAD DRIVE of £193,000 on 25th September 2015. For the value to have increased from £193,000 to £348,179 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 STONEMEAD DRIVE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The September 2015 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STONEMEAD DRIVE has not materially changed since September 2015.

How Large is 2 STONEMEAD DRIVE?

2 STONEMEAD DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% 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 STONEMEAD DRIVE lies on this distribution: 54% of detached houses houses are smaller than 2 STONEMEAD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 STONEMEAD DRIVE: Plot and Title Map

2 STONEMEAD DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 STONEMEAD 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 STONEMEAD 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 STONEMEAD DRIVE?

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