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
87 BANK STREET is a small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £190,000 in May 2022, which was around 56% below the average May 2022 detached price in the Manchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 87 BANK STREET since 1st 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. All of the three 87 BANK STREET 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 |
---|---|---|---|
2022 27 MAY | £190,000 | £436,625 | 56% below HPI |
2005 5 AUG | £77,500 | £183,850 | 58% below HPI |
1996 3 OCT | £11,500 | £61,226 | 81% below HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The three 87 BANK STREET sales between October 1996 and May 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 2005 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2022 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.
87 BANK STREET is 89m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 87 BANK STREET lies on this distribution: 26% of detached houses are smaller than 87 BANK STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in Manchester.
87 BANK STREET sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 87 BANK STREET, 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 87 BANK STREET). 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.
87 BANK STREET is located in MANCHESTER, in the M11 postcode district. The below map shows the position of No. 87 on BANK STREET.