7, RENNIE CLOSE, STRETFORD, MANCHESTER, M32 0ST - £270,000

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 RENNIE CLOSE is a very small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £382,616. It was last sold for £270,000 in July 2018, which was around 50% below the average July 2018 detached price in the Trafford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

7 RENNIE CLOSE Sold Prices

Land registry data shows three sales for 7 RENNIE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 7 RENNIE CLOSE 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
2018 31 JUL	£270,000	£539,565	50% below HPI
2007 18 MAY	£170,000	£367,041	54% below HPI
2000 2 FEB	£82,000	£159,134	48% below HPI

7 RENNIE CLOSE 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 three 7 RENNIE CLOSE sales between February 2000 and July 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 May 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2018 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 7 RENNIE CLOSE be worth now?

7 RENNIE CLOSE might now be worth an estimated £382,616.

This is based on house price inflation of 41.7%, between July 2018 and February 2025, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for 7 RENNIE CLOSE of £270,000 on 31st July 2018. For the value to have increased from £270,000 to £382,616 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 7 RENNIE CLOSE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The July 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RENNIE CLOSE has not materially changed since July 2018.

How Large is 7 RENNIE CLOSE?

7 RENNIE CLOSE is 89m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Stretford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stretford, and where 7 RENNIE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 7 RENNIE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stretford.

7 RENNIE CLOSE: Plot and Title Map

7 RENNIE CLOSE sits on a plot of roughly 0.997 of an acre, or 4,033m². The below map shows the location of 7 RENNIE CLOSE, 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 RENNIE CLOSE). 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 RENNIE CLOSE?

7 RENNIE CLOSE is located in STRETFORD, in the M32 postcode district. The below map shows the position of No. 7 on RENNIE CLOSE.