48, CHERVIL CLOSE, MANCHESTER, M14 7DP - £270,000

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.

48 CHERVIL CLOSE is a midsized extended detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £318,772. It was last sold for £270,000 in June 2021, which was around 31% below the average June 2021 detached price in the Manchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

48 CHERVIL CLOSE Sold Prices

Land registry data shows three sales for 48 CHERVIL 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. Two of the three 48 CHERVIL CLOSE 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
2021 24 JUN	£270,000	£389,827	31% below HPI
2021 25 MAY	£2,223	£388,427	99% below HPI
2000 24 JUL	£126,500	£79,510	59% above HPI

48 CHERVIL 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 48 CHERVIL CLOSE sales between July 2000 and June 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 May 2021 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 48 CHERVIL CLOSE be worth now?

48 CHERVIL CLOSE might now be worth an estimated £318,772.

This is based on house price inflation of 18.1%, between June 2021 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 18.1% inflationary increase is applied to the most recent sale price for 48 CHERVIL CLOSE of £270,000 on 24th June 2021. For the value to have increased from £270,000 to £318,772 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 48 CHERVIL CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The June 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHERVIL CLOSE has not materially changed since June 2021.

How Large is 48 CHERVIL CLOSE?

48 CHERVIL CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% 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 48 CHERVIL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 48 CHERVIL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Manchester.

48 CHERVIL CLOSE: Plot and Title Map

48 CHERVIL CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 48 CHERVIL 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 48 CHERVIL 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 48 CHERVIL CLOSE?

48 CHERVIL CLOSE is located in MANCHESTER, in the M14 postcode district. The below map shows the position of No. 48 on CHERVIL CLOSE.