1, ALDER GROVE, STRETFORD, MANCHESTER, M32 8PG - £248,000

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.

1 ALDER GROVE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £386,366. It was last sold for £248,000 in August 2016, which was around 49% below the average August 2016 detached price in the Trafford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 ALDER GROVE Sold Prices

Land registry data shows two sales for 1 ALDER GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 1 ALDER GROVE 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 19 AUG	£248,000	£490,791	49% below HPI
2014 8 OCT	£130,000	£417,234	69% below HPI

1 ALDER GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The two 1 ALDER GROVE sales from October 2014 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 October 2014 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the August 2016 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 1 ALDER GROVE be worth now?

1 ALDER GROVE might now be worth an estimated £386,366.

This is based on house price inflation of 55.8%, between August 2016 and February 2025, for 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 55.8% inflationary increase is applied to the most recent sale price for 1 ALDER GROVE of £248,000 on 19th August 2016. For the value to have increased from £248,000 to £386,366 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 ALDER GROVE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The August 2016 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALDER GROVE has not materially changed since August 2016.

How Large is 1 ALDER GROVE?

1 ALDER GROVE is 81m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Stretford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stretford, and where 1 ALDER GROVE lies on this distribution: 6% of detached houses houses are smaller than 1 ALDER GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stretford.

1 ALDER GROVE: Plot and Title Map

1 ALDER GROVE sits on a plot of roughly 0.834 of an acre, or 3,376m². The below map shows the location of 1 ALDER GROVE, 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 1 ALDER GROVE). 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 1 ALDER GROVE?

1 ALDER GROVE is located in STRETFORD, in the M32 postcode district. The below map shows the position of No. 1 on ALDER GROVE.