4, MYRTLE BANK, PRESTWICH, MANCHESTER, M25 9XX - £177,000

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

4 MYRTLE BANK is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £177,000 in December 2016, which was around 31% below the average December 2016 detached price in the Bury local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 MYRTLE BANK Sold Prices

Land registry data shows three sales for 4 MYRTLE BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 4 MYRTLE BANK 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
2016 21 DEC	£177,000	£255,683	31% below HPI
2014 21 OCT	£193,000	£229,068	16% below HPI
2013 23 AUG	£115,000	£213,776	46% below HPI

4 MYRTLE BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 4 MYRTLE BANK sales between August 2013 and December 2016 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 MYRTLE BANK?

4 MYRTLE BANK is 76m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 4 MYRTLE BANK lies on this distribution: 8% of detached houses are smaller than 4 MYRTLE BANK, and 91% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

4 MYRTLE BANK: Plot and Title Map

4 MYRTLE BANK sits on a plot of roughly 6.5 acres, or 26,404m². The below map shows the location of 4 MYRTLE BANK, 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 4 MYRTLE BANK). 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 4 MYRTLE BANK?

4 MYRTLE BANK is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 4 on MYRTLE BANK.