5, READING DRIVE, SALE, M33 5DJ - £699,999

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 READING DRIVE is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £699,999 in June 2018, which was around 45% above the average June 2018 detached price in the Trafford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

5 READING DRIVE Sold Prices

Land registry data shows two sales for 5 READING 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. One of the two 5 READING DRIVE sales was for above the average price, whilst the other was 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 8 JUN	£699,999	£483,051	45% above HPI
2013 11 OCT	£265,000	£349,970	24% below HPI

5 READING 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 5 READING DRIVE sales from October 2013 and June 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 5 READING DRIVE?

5 READING DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 5 READING DRIVE lies on this distribution: 20% of detached houses are smaller than 5 READING DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sale.

5 READING DRIVE: Plot and Title Map

5 READING DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 5 READING 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 READING 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 READING DRIVE?

5 READING DRIVE is located in SALE, in the M33 postcode district. The below map shows the position of No. 5 on READING DRIVE.