40, VIRGINIA DRIVE, PENDLEBURY, MANCHESTER, M27 8BR - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 VIRGINIA DRIVE is a small detached house of 86m², which could now be worth an estimated £365,744. It was last sold for £295,000 in February 2021, which was around 15% below the average February 2021 detached price in the Salford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

40 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 40 VIRGINIA 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 Salford local authority area for the corresponding sale date. Both of the two 40 VIRGINIA 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
2021 19 FEB	£295,000	£348,554	15% below HPI
2018 27 JUL	£224,995	£279,800	20% below HPI

40 VIRGINIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 40 VIRGINIA DRIVE sales from July 2018 and February 2021 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 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 40 VIRGINIA DRIVE be worth now?

40 VIRGINIA DRIVE might now be worth an estimated £365,744.

This is based on house price inflation of 24%, between February 2021 and December 2024, for detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 40 VIRGINIA DRIVE of £295,000 on 19th February 2021. For the value to have increased from £295,000 to £365,744 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 40 VIRGINIA DRIVE has moved in line with the HPI for detached houses in the Salford local authority area.
• The February 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 40 VIRGINIA DRIVE has not materially changed since February 2021.

How Large is 40 VIRGINIA DRIVE?

40 VIRGINIA DRIVE is 86m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pendlebury, and where 40 VIRGINIA DRIVE lies on this distribution: 20% of detached houses houses are smaller than 40 VIRGINIA DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

40 VIRGINIA DRIVE: Plot and Title Map

40 VIRGINIA DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 40 VIRGINIA 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 VIRGINIA 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 40 VIRGINIA DRIVE?

40 VIRGINIA DRIVE is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 40 on VIRGINIA DRIVE.