3, GORSEYFIELDS, DROYLSDEN, MANCHESTER, M43 6DZ - £112,500

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.

3 GORSEYFIELDS is a very small terraced house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £171,105. It was last sold for £112,500 in May 2019, which was around 7% below the average May 2019 terraced price in the Tameside local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

3 GORSEYFIELDS Sold Prices

Land registry data shows three sales for 3 GORSEYFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tameside local authority area for the corresponding sale date. All of the three 3 GORSEYFIELDS 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
2019 24 MAY	£112,500	£120,686	7% below HPI
2018 17 OCT	£51,000	£119,574	57% below HPI
1995 24 FEB	£28,500	£31,096	8% below HPI

3 GORSEYFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tameside local authority area over time, sourced from the HPI. The three 3 GORSEYFIELDS sales between February 1995 and May 2019 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 2018 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 GORSEYFIELDS be worth now?

3 GORSEYFIELDS might now be worth an estimated £171,105.

This is based on house price inflation of 52.1%, between May 2019 and May 2026, for terraced houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.1% inflationary increase is applied to the most recent sale price for 3 GORSEYFIELDS of £112,500 on 24th May 2019. For the value to have increased from £112,500 to £171,105 over the seven years to May 2026, the following assumptions must hold true:

• The value of 3 GORSEYFIELDS has moved in line with the HPI for terraced houses in the Tameside local authority area.
• The May 2019 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GORSEYFIELDS has not materially changed since May 2019.

How Large is 3 GORSEYFIELDS?

3 GORSEYFIELDS is 73m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of terraced houses houses in Droylsden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Droylsden, and where 3 GORSEYFIELDS lies on this distribution: 14% of terraced houses houses are smaller than 3 GORSEYFIELDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Droylsden.

3 GORSEYFIELDS: Plot and Title Map

3 GORSEYFIELDS sits on a plot of roughly 0.460 of an acre, or 1,860m². The below map shows the location of 3 GORSEYFIELDS, 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 3 GORSEYFIELDS). 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 3 GORSEYFIELDS?

3 GORSEYFIELDS is located in DROYLSDEN, in the M43 postcode district. The below map shows the position of No. 3 on GORSEYFIELDS.