7, GREENHEYS, DROYLSDEN, MANCHESTER, M43 7GX - £275,000

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

7 GREENHEYS is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £275,000 in January 2023, which was around 21% below the average January 2023 detached price in the Tameside local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

7 GREENHEYS Sold Prices

Land registry data shows three sales for 7 GREENHEYS 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. All of the three 7 GREENHEYS 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
2023 18 JAN	£275,000	£347,369	21% below HPI
2000 22 DEC	£82,950	£90,309	8% below HPI
1997 27 MAY	£69,950	£71,406	2% below HPI

7 GREENHEYS 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 7 GREENHEYS sales between May 1997 and January 2023 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 December 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 GREENHEYS?

7 GREENHEYS is 72m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Droylsden, based on EPC data. The below chart shows the distribution of detached houses by size in Droylsden, and where 7 GREENHEYS lies on this distribution: 13% of detached houses are smaller than 7 GREENHEYS, and 87% of houses are larger. Note that EPC data is not available for all properties in Droylsden.

7 GREENHEYS: Plot and Title Map

7 GREENHEYS sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7 GREENHEYS, 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 7 GREENHEYS). 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 7 GREENHEYS?

7 GREENHEYS is located in DROYLSDEN, in the M43 postcode district. The below map shows the position of No. 7 on GREENHEYS.