4, CHERINGTON DRIVE, TYLDESLEY, MANCHESTER, M29 8WE - £325,000

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.

4 CHERINGTON DRIVE is a very small extended terraced house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £387,240. It was last sold for £325,000 in April 2022, which was around 146% above the average April 2022 terraced price in the Wigan local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

4 CHERINGTON DRIVE Sold Prices

Land registry data shows two sales for 4 CHERINGTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. Both of the two 4 CHERINGTON DRIVE sales were 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
2022 29 APR	£325,000	£132,224	146% above HPI
2007 16 NOV	£210,000	£100,847	108% above HPI

4 CHERINGTON DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wigan local authority area over time, sourced from the HPI. The two 4 CHERINGTON DRIVE sales from November 2007 and April 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 November 2007 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the April 2022 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

What might 4 CHERINGTON DRIVE be worth now?

4 CHERINGTON DRIVE might now be worth an estimated £387,240.

This is based on house price inflation of 19.2%, between April 2022 and May 2026, for terraced houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 4 CHERINGTON DRIVE of £325,000 on 29th April 2022. For the value to have increased from £325,000 to £387,240 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 CHERINGTON DRIVE has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The April 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHERINGTON DRIVE has not materially changed since April 2022.

How Large is 4 CHERINGTON DRIVE?

4 CHERINGTON DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of terraced houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tyldesley, and where 4 CHERINGTON DRIVE lies on this distribution: 15% of terraced houses houses are smaller than 4 CHERINGTON DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

4 CHERINGTON DRIVE: Plot and Title Map

4 CHERINGTON DRIVE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 4 CHERINGTON 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 4 CHERINGTON 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 4 CHERINGTON DRIVE?

4 CHERINGTON DRIVE is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 4 on CHERINGTON DRIVE.