4, PENCARROW CLOSE, MANCHESTER, M20 2PS - £295,000

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 PENCARROW CLOSE is a midsized terraced house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £672,375. It was last sold for £295,000 in February 2010, which was around 170% above the average February 2010 terraced price in the Manchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

4 PENCARROW CLOSE Sold Prices

Land registry data shows four sales for 4 PENCARROW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Manchester local authority area for the corresponding sale date. All of the four 4 PENCARROW CLOSE 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
2010 12 FEB	£295,000	£109,334	170% above HPI
2005 20 JUL	£299,950	£96,083	212% above HPI
2001 7 SEP	£205,000	£43,028	376% above HPI
1999 29 JAN	£147,950	£34,092	334% above HPI

4 PENCARROW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Manchester local authority area over time, sourced from the HPI. The four 4 PENCARROW CLOSE sales between January 1999 and February 2010 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 July 2005 sale was for 212% above the HPI. So the extrapolation line tracks at 212% above the HPI over time, until the February 2010 sale, where it falls to 170% above the HPI. The line then continues to track at 170% above the HPI.

What might 4 PENCARROW CLOSE be worth now?

4 PENCARROW CLOSE might now be worth an estimated £672,375.

This is based on house price inflation of 127.9%, between February 2010 and May 2026, for terraced 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 127.9% inflationary increase is applied to the most recent sale price for 4 PENCARROW CLOSE of £295,000 on 12th February 2010. For the value to have increased from £295,000 to £672,375 over the fifteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 PENCARROW CLOSE has moved in line with the HPI for terraced houses in the Manchester local authority area.
• The February 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENCARROW CLOSE has not materially changed since February 2010.

How Large is 4 PENCARROW CLOSE?

4 PENCARROW CLOSE is 110m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of terraced houses houses in Manchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Manchester, and where 4 PENCARROW CLOSE lies on this distribution: 53% of terraced houses houses are smaller than 4 PENCARROW CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Manchester.

4 PENCARROW CLOSE: Plot and Title Map

4 PENCARROW CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 4 PENCARROW 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 4 PENCARROW 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 4 PENCARROW CLOSE?

4 PENCARROW CLOSE is located in MANCHESTER, in the M20 postcode district. The below map shows the position of No. 4 on PENCARROW CLOSE.