45, SIGNAL DRIVE, MANCHESTER, M40 8NN - £106,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

45 SIGNAL DRIVE is a very small extended detached house of 66m², built sometime between 2003 and 2006. It was last sold for £106,000 in July 2007, which was around 53% below the average July 2007 detached price in the Manchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

45 SIGNAL DRIVE Sold Prices

Land registry data shows two sales for 45 SIGNAL 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 45 SIGNAL 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
2007 9 JUL	£106,000	£224,393	53% below HPI
2004 29 JUL	£86,995	£152,076	43% below HPI

45 SIGNAL 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 45 SIGNAL DRIVE sales from July 2004 and July 2007 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 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2007 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 45 SIGNAL DRIVE?

45 SIGNAL DRIVE is 66m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 45 SIGNAL DRIVE lies on this distribution: 5% of detached houses are smaller than 45 SIGNAL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Manchester.

45 SIGNAL DRIVE: Plot and Title Map

45 SIGNAL DRIVE sits on a plot of roughly 12.9 acres, or 52,182m². The below map shows the location of 45 SIGNAL 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 45 SIGNAL 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 45 SIGNAL DRIVE?

45 SIGNAL DRIVE is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 45 on SIGNAL DRIVE.