5, LAUREATE WAY, DENTON, MANCHESTER, M34 7NH - £205,000

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 LAUREATE WAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £205,000 in May 2021, which was around 30% below the average May 2021 detached price in the Tameside local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

5 LAUREATE WAY Sold Prices

Land registry data shows three sales for 5 LAUREATE 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 Tameside local authority area for the corresponding sale date. Two of the three 5 LAUREATE 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
2021 4 MAY	£205,000	£291,064	30% below HPI
2013 9 AUG	£167,000	£184,842	10% below HPI
2000 15 DEC	£103,950	£90,309	15% above HPI

5 LAUREATE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tameside local authority area over time, sourced from the HPI. The three 5 LAUREATE WAY sales between December 2000 and May 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 August 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 LAUREATE WAY?

5 LAUREATE WAY is 68m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Denton, based on EPC data. The below chart shows the distribution of detached houses by size in Denton, and where 5 LAUREATE WAY lies on this distribution: 14% of detached houses are smaller than 5 LAUREATE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Denton.

5 LAUREATE WAY: Plot and Title Map

5 LAUREATE WAY sits on a plot of roughly 1.2 acres, or 4,709m². The below map shows the location of 5 LAUREATE 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 LAUREATE 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 LAUREATE WAY?

5 LAUREATE WAY is located in DENTON, in the M34 postcode district. The below map shows the position of No. 5 on LAUREATE WAY.