2, THE HEYS, PRESTWICH, MANCHESTER, M25 1BZ - £280,500

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 THE HEYS is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £280,500 in December 2019, which was around 8% below the average December 2019 detached price in the Bury local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 THE HEYS Sold Prices

Land registry data shows three sales for 2 THE HEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Two of the three 2 THE HEYS sales were for below the average price, whilst one 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
2019 17 DEC	£280,500	£303,425	8% below HPI
2011 27 OCT	£170,000	£222,095	23% below HPI
1995 4 AUG	£85,995	£76,100	13% above HPI

2 THE HEYS 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 three 2 THE HEYS sales between August 1995 and December 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 October 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 THE HEYS?

2 THE HEYS is 80m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 2 THE HEYS lies on this distribution: 11% of detached houses are smaller than 2 THE HEYS, and 89% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 THE HEYS: Plot and Title Map

2 THE HEYS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 THE HEYS, 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 THE HEYS). 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 THE HEYS?

2 THE HEYS is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on THE HEYS.