48, WAVENEY DRIVE, ALTRINCHAM, WA14 4UQ - £400,000

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

48 WAVENEY DRIVE is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £400,000 in September 2018, which was around 30% below the average September 2018 detached price in the Trafford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

48 WAVENEY DRIVE Sold Prices

Land registry data shows two sales for 48 WAVENEY 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 Trafford local authority area for the corresponding sale date. Both of the two 48 WAVENEY 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
2018 13 SEP	£400,000	£571,884	30% below HPI
1995 9 MAR	£87,000	£113,083	23% below HPI

48 WAVENEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The two 48 WAVENEY DRIVE sales from March 1995 and September 2018 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 March 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 48 WAVENEY DRIVE be worth now?

48 WAVENEY DRIVE might now be worth an estimated £531,486.

This is based on house price inflation of 32.9%, between September 2018 and December 2024, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for 48 WAVENEY DRIVE of £400,000 on 13th September 2018. For the value to have increased from £400,000 to £531,486 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 48 WAVENEY DRIVE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The September 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WAVENEY DRIVE has not materially changed since September 2018.

How Large is 48 WAVENEY DRIVE?

48 WAVENEY DRIVE is 89m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses houses in Altrincham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Altrincham, and where 48 WAVENEY DRIVE lies on this distribution: 16% of detached houses houses are smaller than 48 WAVENEY DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Altrincham.

48 WAVENEY DRIVE: Plot and Title Map

48 WAVENEY DRIVE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 48 WAVENEY 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 48 WAVENEY 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 48 WAVENEY DRIVE?

48 WAVENEY DRIVE is located in ALTRINCHAM, in the WA14 postcode district. The below map shows the position of No. 48 on WAVENEY DRIVE.