25, MALVERN CLOSE, PRESTWICH, MANCHESTER, M25 1PH - £350,000

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.

25 MALVERN CLOSE is a very small extended detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £419,662. It was last sold for £350,000 in February 2021, which was around 8% above the average February 2021 detached price in the Bury local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

25 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 25 MALVERN CLOSE 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. One of the two 25 MALVERN CLOSE sales was for above the average price, whilst the other was 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
2021 22 FEB	£350,000	£325,441	8% above HPI
2010 1 APR	£160,000	£209,596	24% below HPI

25 MALVERN CLOSE 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 25 MALVERN CLOSE sales from April 2010 and February 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 April 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 25 MALVERN CLOSE be worth now?

25 MALVERN CLOSE might now be worth an estimated £419,662.

This is based on house price inflation of 19.9%, between February 2021 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 25 MALVERN CLOSE of £350,000 on 22nd February 2021. For the value to have increased from £350,000 to £419,662 over the four years to February 2025, the following assumptions must hold true:

• The value of 25 MALVERN CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MALVERN CLOSE has not materially changed since February 2021.

How Large is 25 MALVERN CLOSE?

25 MALVERN CLOSE is 95m², which includes three extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 25 MALVERN CLOSE lies on this distribution: 18% of detached houses houses are smaller than 25 MALVERN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

25 MALVERN CLOSE: Plot and Title Map

25 MALVERN CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 25 MALVERN CLOSE, 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 25 MALVERN CLOSE). 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 25 MALVERN CLOSE?

25 MALVERN CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 25 on MALVERN CLOSE.