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

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

40 VIRGINIA DRIVE is a small detached house of 86m². It was last sold for £295,000 in February 2021, which was around 16% 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	£352,028	16% below HPI
2018 27 JUL	£224,995	£282,589	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 16% below the HPI. The line then continues to track at 16% below the HPI.

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 in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 40 VIRGINIA DRIVE lies on this distribution: 20% of detached houses are smaller than 40 VIRGINIA DRIVE, and 76% 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.