2, WELLS AVENUE, PRESTWICH, MANCHESTER, M25 0GN - £800,000

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 WELLS AVENUE is a very large extended detached house of 492m², built sometime from 2007 onwards. It was last sold for £800,000 in April 2014, which was around 275% above the average April 2014 detached price in the Bury local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

2 WELLS AVENUE Sold Prices

Land registry data shows two sales for 2 WELLS 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 WELLS AVENUE sales were 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
2014 14 APR	£800,000	£213,425	275% above HPI
2004 29 JUL	£430,000	£191,550	124% above HPI

2 WELLS 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 WELLS AVENUE sales from July 2004 and April 2014 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 July 2004 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the April 2014 sale, where it rises to 275% above the HPI. The line then continues to track at 275% above the HPI.

How Large is 2 WELLS AVENUE?

2 WELLS AVENUE is 492m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 10% 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 WELLS AVENUE lies on this distribution: More than 99% of detached houses are smaller than 2 WELLS AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 WELLS AVENUE: Plot and Title Map

2 WELLS AVENUE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 2 WELLS 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 WELLS 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 WELLS AVENUE?

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