7, FAULKNER DRIVE, TIMPERLEY, ALTRINCHAM, WA15 7PT - £400,000

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.

7 FAULKNER DRIVE is a very small semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £487,261. It was last sold for £400,000 in August 2021, which was around 13% above the average August 2021 semi-detached price in the Trafford local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

7 FAULKNER DRIVE Sold Prices

Land registry data shows three sales for 7 FAULKNER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Trafford local authority area for the corresponding sale date. Two of the three 7 FAULKNER DRIVE sales were for above the average price, whilst one was 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
2021 20 AUG	£400,000	£354,911	13% above HPI
2017 8 JUN	£172,693	£287,293	40% below HPI
2004 15 JUL	£227,500	£175,222	30% above HPI

7 FAULKNER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Trafford local authority area over time, sourced from the HPI. The three 7 FAULKNER DRIVE sales between July 2004 and August 2021 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 June 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 FAULKNER DRIVE be worth now?

7 FAULKNER DRIVE might now be worth an estimated £487,261.

This is based on house price inflation of 21.8%, between August 2021 and March 2025, for semi-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 21.8% inflationary increase is applied to the most recent sale price for 7 FAULKNER DRIVE of £400,000 on 20th August 2021. For the value to have increased from £400,000 to £487,261 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 7 FAULKNER DRIVE has moved in line with the HPI for semi-detached houses in the Trafford local authority area.
• The August 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAULKNER DRIVE has not materially changed since August 2021.

How Large is 7 FAULKNER DRIVE?

7 FAULKNER DRIVE is 88m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of semi-detached houses houses in Altrincham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Altrincham, and where 7 FAULKNER DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 7 FAULKNER DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Altrincham.

7 FAULKNER DRIVE: Plot and Title Map

7 FAULKNER DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 7 FAULKNER 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 7 FAULKNER 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 7 FAULKNER DRIVE?

7 FAULKNER DRIVE is located in TIMPERLEY, in the WA15 postcode district. The below map shows the position of No. 7 on FAULKNER DRIVE.