4, SILVERLEA DRIVE, MANCHESTER, M9 8EN - £103,000

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 SILVERLEA DRIVE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £103,000 in January 2014, which was around 52% below the average January 2014 detached price in the Manchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

4 SILVERLEA DRIVE Sold Prices

Land registry data shows two sales for 4 SILVERLEA 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 SILVERLEA 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
2014 31 JAN	£103,000	£213,990	52% below HPI
1999 30 JUL	£59,950	£72,246	17% below HPI

4 SILVERLEA 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 SILVERLEA DRIVE sales from July 1999 and January 2014 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 July 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2014 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 4 SILVERLEA DRIVE?

4 SILVERLEA DRIVE is 67m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 4 SILVERLEA DRIVE lies on this distribution: 6% of detached houses are smaller than 4 SILVERLEA DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Manchester.

4 SILVERLEA DRIVE: Plot and Title Map

4 SILVERLEA DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 SILVERLEA 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 SILVERLEA 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 SILVERLEA DRIVE?

4 SILVERLEA DRIVE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 4 on SILVERLEA DRIVE.