7, PERCH CLOSE, MANCHESTER, M12 5GW - £370,000

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 PERCH CLOSE is a midsized detached house of 105m², built in 2016, which could now be worth an estimated £403,962. It was last sold for £370,000 in February 2023, which was around 14% below the average February 2023 detached price in the Manchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

7 PERCH CLOSE Sold Prices

Land registry data shows two sales for 7 PERCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 7 PERCH CLOSE 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
2023 10 FEB	£370,000	£431,002	14% below HPI
2017 27 JUL	£210,000	£287,635	27% below HPI

7 PERCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 7 PERCH CLOSE sales from July 2017 and February 2023 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 PERCH CLOSE be worth now?

7 PERCH CLOSE might now be worth an estimated £403,962.

This is based on house price inflation of 9.2%, between February 2023 and May 2026, for detached 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 9.2% inflationary increase is applied to the most recent sale price for 7 PERCH CLOSE of £370,000 on 10th February 2023. For the value to have increased from £370,000 to £403,962 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 PERCH CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The February 2023 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PERCH CLOSE has not materially changed since February 2023.

How Large is 7 PERCH CLOSE?

7 PERCH CLOSE is 105m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 7 PERCH CLOSE lies on this distribution: 47% of detached houses houses are smaller than 7 PERCH CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Manchester.

7 PERCH CLOSE: Plot and Title Map

7 PERCH CLOSE sits on a plot of roughly 0.643 of an acre, or 2,602m². The below map shows the location of 7 PERCH 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 7 PERCH 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 7 PERCH CLOSE?

7 PERCH CLOSE is located in MANCHESTER, in the M12 postcode district. The below map shows the position of No. 7 on PERCH CLOSE.