8, BALMER DRIVE, MANCHESTER, M23 2YQ - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BALMER DRIVE is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £360,000 in January 2023, which was around 17% below the average January 2023 detached price in the Manchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

8 BALMER DRIVE Sold Prices

Land registry data shows two sales for 8 BALMER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 8 BALMER DRIVE 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 13 JAN	£360,000	£434,856	17% below HPI
2020 21 DEC	£185,000	£362,305	49% below HPI

8 BALMER DRIVE 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 two 8 BALMER DRIVE sales from December 2020 and January 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 December 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 BALMER DRIVE?

8 BALMER DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses by size in Wythenshawe, and where 8 BALMER DRIVE lies on this distribution: 60% of detached houses are smaller than 8 BALMER DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

8 BALMER DRIVE: Plot and Title Map

8 BALMER DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 8 BALMER DRIVE, 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 8 BALMER DRIVE). 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 8 BALMER DRIVE?

8 BALMER DRIVE is located in MANCHESTER, in the M23 postcode district. The below map shows the position of No. 8 on BALMER DRIVE.