4, READING DRIVE, SALE, M33 5DL - £550,000

4 READING DRIVE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £550,000 in August 2022, which was around 18% below the average August 2022 detached price in the Trafford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

4 READING DRIVE Sold Prices

Land registry data shows two sales for 4 READING DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 4 READING DRIVE 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
2022 19 AUG	£550,000	£673,065	18% below HPI
2019 14 MAY	£415,000	£518,143	20% below HPI

4 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 two 4 READING DRIVE sales from May 2019 and August 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 May 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 READING DRIVE?

4 READING DRIVE is 86m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 4 READING DRIVE lies on this distribution: 11% of detached houses are smaller than 4 READING DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sale.

4 READING DRIVE: Plot and Title Map

4 READING DRIVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 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 4 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 4 READING DRIVE?

4 READING DRIVE is located in SALE, in the M33 postcode district. The below map shows the position of No. 4 on READING DRIVE.