5, DOWNES WAY, MANCHESTER, M22 4UD - £244,000

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

5 DOWNES WAY is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £244,000 in August 2018, which was around 23% below the average August 2018 detached price in the Manchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 DOWNES WAY Sold Prices

Land registry data shows three sales for 5 DOWNES WAY 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 5 DOWNES WAY 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
2018 24 AUG	£244,000	£318,376	23% below HPI
2006 27 OCT	£197,950	£210,740	6% below HPI
2000 29 SEP	£97,995	£81,941	20% above HPI

5 DOWNES WAY 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 5 DOWNES WAY sales between September 2000 and August 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 DOWNES WAY?

5 DOWNES WAY is 84m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses by size in Wythenshawe, and where 5 DOWNES WAY lies on this distribution: 15% of detached houses are smaller than 5 DOWNES WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

5 DOWNES WAY: Plot and Title Map

5 DOWNES WAY sits on a plot of roughly 12.5 acres, or 50,781m². The below map shows the location of 5 DOWNES WAY, 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 DOWNES WAY). 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 DOWNES WAY?

5 DOWNES WAY is located in MANCHESTER, in the M22 postcode district. The below map shows the position of No. 5 on DOWNES WAY.