7A, WELLS AVENUE, PRESTWICH, MANCHESTER, M25 0GN - £1,025,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7A WELLS AVENUE is a very large extended detached house of 254m², built sometime between 1950 and 1966. It was last sold for £1,025,000 in November 2022, which was around 152% above the average November 2022 detached price in the Bury local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

7A WELLS AVENUE Sold Prices

Land registry data shows five sales for 7A WELLS AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the five 7A WELLS AVENUE sales were for above 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
2022 30 NOV	£1,025,000	£407,516	152% above HPI
2014 28 AUG	£365,000	£228,146	60% above HPI
2007 30 OCT	£450,000	£243,164	85% above HPI
2004 11 AUG	£450,000	£197,523	128% above HPI
1997 8 AUG	£165,000	£83,950	97% above HPI

7A WELLS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The five 7A WELLS AVENUE sales between August 1997 and November 2022 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 August 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2022 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

How Large is 7A WELLS AVENUE?

7A WELLS AVENUE is 254m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 7A WELLS AVENUE lies on this distribution: 94% of detached houses are smaller than 7A WELLS AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

7A WELLS AVENUE: Plot and Title Map

7A WELLS AVENUE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 7A WELLS AVENUE, 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 7A WELLS AVENUE). 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 7A WELLS AVENUE?

7A WELLS AVENUE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 7A on WELLS AVENUE.