8, WELSHPOOL CLOSE, MANCHESTER, M23 0EH - £245,000

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 WELSHPOOL CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £300,126. It was last sold for £245,000 in February 2021, which was around 35% below the average February 2021 detached price in the Manchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 WELSHPOOL CLOSE Sold Prices

Land registry data shows three sales for 8 WELSHPOOL 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. Two of the three 8 WELSHPOOL CLOSE sales were for below the average price, whilst one was 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
2021 26 FEB	£245,000	£375,708	35% below HPI
2004 23 JAN	£149,950	£138,561	8% above HPI
2002 8 NOV	£89,950	£108,661	17% below HPI

8 WELSHPOOL 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 8 WELSHPOOL CLOSE sales between November 2002 and February 2021 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 January 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 WELSHPOOL CLOSE be worth now?

8 WELSHPOOL CLOSE might now be worth an estimated £300,126.

This is based on house price inflation of 22.5%, between February 2021 and February 2025, 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 22.5% inflationary increase is applied to the most recent sale price for 8 WELSHPOOL CLOSE of £245,000 on 26th February 2021. For the value to have increased from £245,000 to £300,126 over the four years to February 2025, the following assumptions must hold true:

• The value of 8 WELSHPOOL CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The February 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELSHPOOL CLOSE has not materially changed since February 2021.

How Large is 8 WELSHPOOL CLOSE?

8 WELSHPOOL CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wythenshawe, and where 8 WELSHPOOL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 8 WELSHPOOL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

8 WELSHPOOL CLOSE: Plot and Title Map

8 WELSHPOOL CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 WELSHPOOL 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 8 WELSHPOOL 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 8 WELSHPOOL CLOSE?

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