23, DOWNES WAY, MANCHESTER, M22 4UD - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 DOWNES WAY is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £275,000 in June 2021, which was around 29% below the average June 2021 detached price in the Manchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

23 DOWNES WAY Sold Prices

Land registry data shows four sales for 23 DOWNES WAY 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. two of the four 23 DOWNES WAY sales were for below the average price, and four 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
2021 7 JUN	£275,000	£385,720	29% below HPI
2016 27 JUL	£235,000	£264,359	11% below HPI
2004 26 JUL	£184,950	£152,076	22% above HPI
2001 2 MAR	£109,995	£80,058	37% above HPI

23 DOWNES WAY 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 23 DOWNES WAY sales between March 2001 and June 2021 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 23 DOWNES WAY?

23 DOWNES WAY is 74m² according to the EPC inspection conducted in May 2016. 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 23 DOWNES WAY lies on this distribution: 8% of detached houses are smaller than 23 DOWNES WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

23 DOWNES WAY: Plot and Title Map

23 DOWNES WAY sits on a plot of roughly 12.5 acres, or 50,781m². The below map shows the location of 23 DOWNES WAY, 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 23 DOWNES WAY). 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 23 DOWNES WAY?

23 DOWNES WAY is located in MANCHESTER, in the M22 postcode district. The below map shows the position of No. 23 on DOWNES WAY.