7, MAINWARING TERRACE, MANCHESTER, M23 0EW - £195,000

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 MAINWARING TERRACE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £317,217. It was last sold for £195,000 in January 2017, which was around 31% below the average January 2017 detached price in the Manchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 MAINWARING TERRACE Sold Prices

Land registry data shows four sales for 7 MAINWARING TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Most of the four 7 MAINWARING TERRACE 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 13 JAN	£195,000	£282,922	31% below HPI
2013 8 MAR	£130,000	£201,574	36% below HPI
2010 10 DEC	£175,000	£205,629	15% below HPI
1997 21 JUL	£64,950	£64,434	1% above HPI

7 MAINWARING TERRACE 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 four 7 MAINWARING TERRACE sales between July 1997 and January 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 MAINWARING TERRACE be worth now?

7 MAINWARING TERRACE might now be worth an estimated £317,217.

This is based on house price inflation of 62.7%, between January 2017 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 7 MAINWARING TERRACE of £195,000 on 13th January 2017. For the value to have increased from £195,000 to £317,217 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 MAINWARING TERRACE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The January 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAINWARING TERRACE has not materially changed since January 2017.

How Large is 7 MAINWARING TERRACE?

7 MAINWARING TERRACE is 71m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wythenshawe, and where 7 MAINWARING TERRACE lies on this distribution: 5% of detached houses houses are smaller than 7 MAINWARING TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

7 MAINWARING TERRACE: Plot and Title Map

7 MAINWARING TERRACE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 7 MAINWARING TERRACE, 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 MAINWARING TERRACE). 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 MAINWARING TERRACE?

7 MAINWARING TERRACE is located in MANCHESTER, in the M23 postcode district. The below map shows the position of No. 7 on MAINWARING TERRACE.