7, LAUREATE WAY, DENTON, MANCHESTER, M34 7NH - £173,000

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.

7 LAUREATE WAY is a midsized detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £277,456. It was last sold for £173,000 in February 2017, which was around 22% below the average February 2017 detached price in the Tameside local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

7 LAUREATE WAY Sold Prices

Land registry data shows four sales for 7 LAUREATE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tameside local authority area for the corresponding sale date. Most of the four 7 LAUREATE WAY 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
2017 8 FEB	£173,000	£221,579	22% below HPI
2008 27 MAR	£169,000	£216,738	22% below HPI
2007 20 DEC	£175,000	£217,596	20% below HPI
2001 7 FEB	£94,970	£90,712	5% above HPI

7 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 four 7 LAUREATE WAY sales between February 2001 and February 2017 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 March 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2017 sale, which was also at 22% below the HPI.

What might 7 LAUREATE WAY be worth now?

7 LAUREATE WAY might now be worth an estimated £277,456.

This is based on house price inflation of 60.4%, between February 2017 and February 2025, for detached houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.4% inflationary increase is applied to the most recent sale price for 7 LAUREATE WAY of £173,000 on 8th February 2017. For the value to have increased from £173,000 to £277,456 over the eight years to February 2025, the following assumptions must hold true:

• The value of 7 LAUREATE WAY has moved in line with the HPI for detached houses in the Tameside local authority area.
• The February 2017 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAUREATE WAY has not materially changed since February 2017.

How Large is 7 LAUREATE WAY?

7 LAUREATE WAY is 86m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses houses in Denton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Denton, and where 7 LAUREATE WAY lies on this distribution: 40% of detached houses houses are smaller than 7 LAUREATE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Denton.

7 LAUREATE WAY: Plot and Title Map

7 LAUREATE WAY sits on a plot of roughly 1.0 acres, or 4,138m². The below map shows the location of 7 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 7 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 7 LAUREATE WAY?

7 LAUREATE WAY is located in DENTON, in the M34 postcode district. The below map shows the position of No. 7 on LAUREATE WAY.