3, CHERRY AVENUE, MANCHESTER, M11 2LW - £331,000

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

3 CHERRY AVENUE is a midsized detached house of 109m², built sometime between 2007 and 2011. It was last sold for £331,000 in September 2023, which was around 25% below the average September 2023 detached price in the Manchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 CHERRY AVENUE Sold Prices

Land registry data shows three sales for 3 CHERRY AVENUE 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 3 CHERRY AVENUE 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 15 SEP	£331,000	£442,569	25% below HPI
2017 13 OCT	£210,000	£299,913	30% below HPI
2008 7 JUL	£197,995	£217,736	9% below HPI

3 CHERRY AVENUE 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 3 CHERRY AVENUE sales between July 2008 and September 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 October 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 CHERRY AVENUE?

3 CHERRY AVENUE is 109m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 3 CHERRY AVENUE lies on this distribution: 52% of detached houses are smaller than 3 CHERRY AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Manchester.

3 CHERRY AVENUE: Plot and Title Map

3 CHERRY AVENUE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 CHERRY 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 3 CHERRY 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 3 CHERRY AVENUE?

3 CHERRY AVENUE is located in MANCHESTER, in the M11 postcode district. The below map shows the position of No. 3 on CHERRY AVENUE.