8, WARWICK DRIVE, URMSTON, MANCHESTER, M41 7AY - £260,000

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 WARWICK DRIVE is a very small extended semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £412,480. It was last sold for £260,000 in August 2016, which was around 4% below the average August 2016 semi-detached price in the Trafford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 WARWICK DRIVE Sold Prices

Land registry data shows two sales for 8 WARWICK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Trafford local authority area for the corresponding sale date. Both of the two 8 WARWICK 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
2016 17 AUG	£260,000	£272,024	4% below HPI
2015 21 DEC	£150,000	£255,384	41% below HPI

8 WARWICK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Trafford local authority area over time, sourced from the HPI. The two 8 WARWICK DRIVE sales from December 2015 and August 2016 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 WARWICK DRIVE be worth now?

8 WARWICK DRIVE might now be worth an estimated £412,480.

This is based on house price inflation of 58.6%, between August 2016 and February 2025, for semi-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 58.6% inflationary increase is applied to the most recent sale price for 8 WARWICK DRIVE of £260,000 on 17th August 2016. For the value to have increased from £260,000 to £412,480 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 8 WARWICK DRIVE has moved in line with the HPI for semi-detached houses in the Trafford local authority area.
• The August 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WARWICK DRIVE has not materially changed since August 2016.

How Large is 8 WARWICK DRIVE?

8 WARWICK DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of semi-detached houses houses in Urmston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Urmston, and where 8 WARWICK DRIVE lies on this distribution: 13% of semi-detached houses houses are smaller than 8 WARWICK DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Urmston.

8 WARWICK DRIVE: Plot and Title Map

8 WARWICK DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 8 WARWICK 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 WARWICK 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 WARWICK DRIVE?

8 WARWICK DRIVE is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 8 on WARWICK DRIVE.