47, MARGARET ASHTON CLOSE, MANCHESTER, M9 4PZ - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 MARGARET ASHTON CLOSE is a very small detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £203,383. It was last sold for £195,000 in May 2022, which was around 56% below the average May 2022 detached price in the Manchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

47 MARGARET ASHTON CLOSE Sold Prices

Land registry data shows three sales for 47 MARGARET ASHTON CLOSE since 1^st 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. All of the three 47 MARGARET ASHTON CLOSE 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
2022 27 MAY	£195,000	£441,274	56% below HPI
2007 31 OCT	£96,000	£226,599	58% below HPI
2000 1 SEP	£27,000	£82,814	67% below HPI

47 MARGARET ASHTON CLOSE 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 three 47 MARGARET ASHTON CLOSE sales between September 2000 and May 2022 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 October 2007 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2022 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 47 MARGARET ASHTON CLOSE be worth now?

47 MARGARET ASHTON CLOSE might now be worth an estimated £203,383.

This is based on house price inflation of 4.3%, between May 2022 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% inflationary increase is applied to the most recent sale price for 47 MARGARET ASHTON CLOSE of £195,000 on 27th May 2022. For the value to have increased from £195,000 to £203,383 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 47 MARGARET ASHTON CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The May 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MARGARET ASHTON CLOSE has not materially changed since May 2022.

How Large is 47 MARGARET ASHTON CLOSE?

47 MARGARET ASHTON CLOSE is 56m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 47 MARGARET ASHTON CLOSE lies on this distribution: 2% of detached houses houses are smaller than 47 MARGARET ASHTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Manchester.

47 MARGARET ASHTON CLOSE: Plot and Title Map

47 MARGARET ASHTON CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 47 MARGARET ASHTON CLOSE, 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 47 MARGARET ASHTON CLOSE). 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 47 MARGARET ASHTON CLOSE?

47 MARGARET ASHTON CLOSE is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 47 on MARGARET ASHTON CLOSE.