27, ADDISON CLOSE, MANCHESTER, M13 9SB - £117,500

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.

27 ADDISON CLOSE is a very small detached house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £178,666. It was last sold for £117,500 in February 2018, which was around 61% below the average February 2018 detached price in the Manchester local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

27 ADDISON CLOSE Sold Prices

Land registry data shows three sales for 27 ADDISON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. All of the three 27 ADDISON CLOSE sales were 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
2018 19 FEB	£117,500	£302,681	61% below HPI
2002 14 NOV	£40,000	£108,661	63% below HPI
1998 30 JUN	£23,000	£71,221	68% below HPI

27 ADDISON CLOSE 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 three 27 ADDISON CLOSE sales between June 1998 and February 2018 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 November 2002 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the February 2018 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 27 ADDISON CLOSE be worth now?

27 ADDISON CLOSE might now be worth an estimated £178,666.

This is based on house price inflation of 52.1%, between February 2018 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 52.1% inflationary increase is applied to the most recent sale price for 27 ADDISON CLOSE of £117,500 on 19th February 2018. For the value to have increased from £117,500 to £178,666 over the seven years to February 2025, the following assumptions must hold true:

• The value of 27 ADDISON CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The February 2018 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 27 ADDISON CLOSE has not materially changed since February 2018.

How Large is 27 ADDISON CLOSE?

27 ADDISON CLOSE is 47m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 27 ADDISON CLOSE lies on this distribution: 1% of detached houses houses are smaller than 27 ADDISON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Manchester.

27 ADDISON CLOSE: Plot and Title Map

27 ADDISON CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 27 ADDISON 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 27 ADDISON 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 27 ADDISON CLOSE?

27 ADDISON CLOSE is located in MANCHESTER, in the M13 postcode district. The below map shows the position of No. 27 on ADDISON CLOSE.