5, CHEDWORTH DRIVE, MANCHESTER, M23 1LW - £261,000

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.

5 CHEDWORTH DRIVE is a small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £371,827. It was last sold for £261,000 in May 2019, which was around 19% below the average May 2019 detached price in the Manchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

5 CHEDWORTH DRIVE Sold Prices

Land registry data shows seven sales for 5 CHEDWORTH DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Most of the seven 5 CHEDWORTH DRIVE sales were 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
2019 14 MAY	£261,000	£323,063	19% below HPI
2008 2 MAY	£201,000	£221,381	9% below HPI
2005 15 DEC	£210,000	£189,084	11% above HPI
2004 15 JAN	£169,950	£138,561	23% above HPI
2003 15 DEC	£166,950	£135,495	23% above HPI
2001 6 JUL	£112,500	£87,654	28% above HPI
1999 4 JUN	£87,000	£71,049	22% above HPI

5 CHEDWORTH 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 seven 5 CHEDWORTH DRIVE sales between June 1999 and May 2019 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 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 CHEDWORTH DRIVE be worth now?

5 CHEDWORTH DRIVE might now be worth an estimated £371,827.

This is based on house price inflation of 42.5%, between May 2019 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 42.5% inflationary increase is applied to the most recent sale price for 5 CHEDWORTH DRIVE of £261,000 on 14th May 2019. For the value to have increased from £261,000 to £371,827 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 CHEDWORTH DRIVE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The May 2019 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHEDWORTH DRIVE has not materially changed since May 2019.

How Large is 5 CHEDWORTH DRIVE?

5 CHEDWORTH DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wythenshawe, and where 5 CHEDWORTH DRIVE lies on this distribution: 21% of detached houses houses are smaller than 5 CHEDWORTH DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

5 CHEDWORTH DRIVE: Plot and Title Map

5 CHEDWORTH DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 CHEDWORTH 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 5 CHEDWORTH 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 5 CHEDWORTH DRIVE?

5 CHEDWORTH DRIVE is located in MANCHESTER, in the M23 postcode district. The below map shows the position of No. 5 on CHEDWORTH DRIVE.