7, THORALBY CLOSE, MANCHESTER, M12 4NW - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THORALBY CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £243,324. It was last sold for £240,000 in August 2023, which was around 47% below the average August 2023 detached price in the Manchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

7 THORALBY CLOSE Sold Prices

Land registry data shows three sales for 7 THORALBY 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 Manchester local authority area for the corresponding sale date. All of the three 7 THORALBY 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
2023 15 AUG	£240,000	£449,691	47% below HPI
2001 27 JUL	£63,000	£87,654	28% below HPI
1997 4 APR	£50,000	£61,763	19% below HPI

7 THORALBY CLOSE 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 three 7 THORALBY CLOSE sales between April 1997 and August 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 July 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 7 THORALBY CLOSE be worth now?

7 THORALBY CLOSE might now be worth an estimated £243,324.

This is based on house price inflation of 1.4%, between August 2023 and December 2024, 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 1.4% inflationary increase is applied to the most recent sale price for 7 THORALBY CLOSE of £240,000 on 15th August 2023. For the value to have increased from £240,000 to £243,324 over the eight months to December 2024, the following assumptions must hold true:

• The value of 7 THORALBY CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The August 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THORALBY CLOSE has not materially changed since August 2023.

How Large is 7 THORALBY CLOSE?

7 THORALBY CLOSE is 64m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 7 THORALBY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 THORALBY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Manchester.

7 THORALBY CLOSE: Plot and Title Map

7 THORALBY CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 7 THORALBY 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 THORALBY 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 THORALBY CLOSE?

7 THORALBY CLOSE is located in MANCHESTER, in the M12 postcode district. The below map shows the position of No. 7 on THORALBY CLOSE.