28, SIGNAL DRIVE, MANCHESTER, M40 8NU - £200,000

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

28 SIGNAL DRIVE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £200,000 in February 2023, which was around 53% below the average February 2023 detached price in the Manchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

28 SIGNAL DRIVE Sold Prices

Land registry data shows three sales for 28 SIGNAL DRIVE 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 28 SIGNAL DRIVE 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
2023 20 FEB	£200,000	£426,461	53% below HPI
2009 30 JUN	£115,000	£191,545	40% below HPI
2005 14 JAN	£129,995	£154,844	16% below HPI

28 SIGNAL DRIVE 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 28 SIGNAL DRIVE sales between January 2005 and February 2023 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 June 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 28 SIGNAL DRIVE?

28 SIGNAL DRIVE is 75m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 28 SIGNAL DRIVE lies on this distribution: 12% of detached houses are smaller than 28 SIGNAL DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Manchester.

28 SIGNAL DRIVE: Plot and Title Map

28 SIGNAL DRIVE sits on a plot of roughly 12.9 acres, or 52,182m². The below map shows the location of 28 SIGNAL DRIVE, 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 28 SIGNAL DRIVE). 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 28 SIGNAL DRIVE?

28 SIGNAL DRIVE is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 28 on SIGNAL DRIVE.