31, DRAKE AVENUE, WYTHENSHAWE, MANCHESTER, M22 1BT - £169,000

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

31 DRAKE AVENUE is a very small detached house of 60m², built sometime between 2003 and 2006. It was last sold for £169,000 in May 2021, which was around 56% below the average May 2021 detached price in the Manchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

31 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 31 DRAKE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 31 DRAKE 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
2021 14 MAY	£169,000	£384,335	56% below HPI
2004 20 DEC	£120,000	£158,238	24% below HPI

31 DRAKE 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 two 31 DRAKE AVENUE sales from December 2004 and May 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 December 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 31 DRAKE AVENUE?

31 DRAKE AVENUE is 60m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses by size in Wythenshawe, and where 31 DRAKE AVENUE lies on this distribution: 2% of detached houses are smaller than 31 DRAKE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

31 DRAKE AVENUE: Plot and Title Map

31 DRAKE AVENUE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 31 DRAKE 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 31 DRAKE 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 31 DRAKE AVENUE?

31 DRAKE AVENUE is located in WYTHENSHAWE, in the M22 postcode district. The below map shows the position of No. 31 on DRAKE AVENUE.