8, SHIREHILLS, PRESTWICH, MANCHESTER, M25 9QB - £475,000

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.

8 SHIREHILLS is a large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £497,216. It was last sold for £475,000 in July 2022, which was around 27% above the average July 2022 detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

8 SHIREHILLS Sold Prices

Land registry data shows two sales for 8 SHIREHILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. One of the two 8 SHIREHILLS sales was for above the average price, whilst the other was 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
2022 18 JUL	£475,000	£372,780	27% above HPI
1996 1 AUG	£900	£74,404	99% below HPI

8 SHIREHILLS 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 two 8 SHIREHILLS sales from August 1996 and July 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 1996 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the July 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 8 SHIREHILLS be worth now?

8 SHIREHILLS might now be worth an estimated £497,216.

This is based on house price inflation of 4.7%, between July 2022 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 8 SHIREHILLS of £475,000 on 18th July 2022. For the value to have increased from £475,000 to £497,216 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 SHIREHILLS has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHIREHILLS has not materially changed since July 2022.

How Large is 8 SHIREHILLS?

8 SHIREHILLS is 149m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 8 SHIREHILLS lies on this distribution: 64% of detached houses houses are smaller than 8 SHIREHILLS, and 36% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

8 SHIREHILLS: Plot and Title Map

8 SHIREHILLS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 8 SHIREHILLS, 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 SHIREHILLS). 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 SHIREHILLS?

8 SHIREHILLS is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 8 on SHIREHILLS.