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
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 27% 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.
Land registry data shows three sales for 3 CHERRY AVENUE since 1st 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 | £451,777 | 27% below HPI |
2017 13 OCT | £210,000 | £299,913 | 30% below HPI |
2008 7 JUL | £197,995 | £217,736 | 9% below HPI |
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 27% below the HPI. The line then continues to track at 27% below the HPI.
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 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.
3 CHERRY AVENUE is located in MANCHESTER, in the M11 postcode district. The below map shows the position of No. 3 on CHERRY AVENUE.