37, READING DRIVE, SALE, M33 5DJ - £875,000

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

37 READING DRIVE is a small detached house of 109m², built sometime between 1950 and 1966. It was last sold for £875,000 in March 2022, which was around 39% above the average March 2022 detached price in the Trafford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was D.

37 READING DRIVE Sold Prices

Land registry data shows three sales for 37 READING 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 Trafford local authority area for the corresponding sale date. All of the three 37 READING DRIVE sales were for above 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
2022 24 MAR	£875,000	£630,082	39% above HPI
2015 3 AUG	£500,000	£417,932	20% above HPI
2007 4 SEP	£429,950	£350,380	23% above HPI

37 READING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 37 READING DRIVE sales between September 2007 and March 2022 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 August 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 37 READING DRIVE?

37 READING DRIVE is 109m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 37 READING DRIVE lies on this distribution: 33% of detached houses are smaller than 37 READING DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Sale.

37 READING DRIVE: Plot and Title Map

37 READING DRIVE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 37 READING 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 37 READING 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 37 READING DRIVE?

37 READING DRIVE is located in SALE, in the M33 postcode district. The below map shows the position of No. 37 on READING DRIVE.