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
40 GILDERSDALE DRIVE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £272,000 in October 2023, which was around 39% below the average October 2023 detached price in the Manchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 40 GILDERSDALE DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Two of the three 40 GILDERSDALE DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 13 OCT | £272,000 | £449,562 | 39% below HPI |
2017 25 AUG | £210,000 | £293,175 | 28% below HPI |
1995 28 JUL | £67,500 | £61,147 | 10% above HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The three 40 GILDERSDALE DRIVE sales between July 1995 and October 2023 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 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
40 GILDERSDALE DRIVE is 87m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 40 GILDERSDALE DRIVE lies on this distribution: 24% of detached houses are smaller than 40 GILDERSDALE DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Manchester.
40 GILDERSDALE DRIVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 40 GILDERSDALE 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 40 GILDERSDALE 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.
40 GILDERSDALE DRIVE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 40 on GILDERSDALE DRIVE.