4, RIMSDALE DRIVE, MANCHESTER, M40 0GN - £287,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 RIMSDALE DRIVE is a midsized detached house of 103m², which could now be worth an estimated £411,629. It was last sold for £287,500 in February 2019, which was around 11% below the average February 2019 detached price in the Manchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

4 RIMSDALE DRIVE Sold Prices

Land registry data shows two sales for 4 RIMSDALE 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 Manchester local authority area for the corresponding sale date. Both of the two 4 RIMSDALE 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
2019 1 FEB	£287,500	£321,455	11% below HPI
2012 15 JUN	£194,500	£206,371	6% below HPI

4 RIMSDALE DRIVE 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 4 RIMSDALE DRIVE sales from June 2012 and February 2019 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 June 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 RIMSDALE DRIVE be worth now?

4 RIMSDALE DRIVE might now be worth an estimated £411,629.

This is based on house price inflation of 43.2%, between February 2019 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.2% inflationary increase is applied to the most recent sale price for 4 RIMSDALE DRIVE of £287,500 on 1st February 2019. For the value to have increased from £287,500 to £411,629 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 RIMSDALE DRIVE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The February 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 4 RIMSDALE DRIVE has not materially changed since February 2019.

How Large is 4 RIMSDALE DRIVE?

4 RIMSDALE DRIVE is 103m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 4 RIMSDALE DRIVE lies on this distribution: 44% of detached houses houses are smaller than 4 RIMSDALE DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Manchester.

4 RIMSDALE DRIVE: Plot and Title Map

4 RIMSDALE DRIVE sits on a plot of roughly 15.6 acres, or 63,251m². The below map shows the location of 4 RIMSDALE 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 RIMSDALE 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 RIMSDALE DRIVE?

4 RIMSDALE DRIVE is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 4 on RIMSDALE DRIVE.