5, TOWCESTER CLOSE, MANCHESTER, M4 7FB - £188,000

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.

5 TOWCESTER CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £283,448. It was last sold for £188,000 in August 2018, which was around 12% below the average August 2018 semi-detached price in the Manchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

5 TOWCESTER CLOSE Sold Prices

Land registry data shows one sale for 5 TOWCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Manchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 30 AUG	£188,000	£214,384	12% below HPI

What might 5 TOWCESTER CLOSE be worth now?

5 TOWCESTER CLOSE might now be worth an estimated £283,448.

This is based on house price inflation of 50.8%, between August 2018 and May 2026, for semi-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 50.8% inflationary increase is applied to the most recent sale price for 5 TOWCESTER CLOSE of £188,000 on 30th August 2018. For the value to have increased from £188,000 to £283,448 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 5 TOWCESTER CLOSE has moved in line with the HPI for semi-detached houses in the Manchester local authority area.
• The August 2018 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TOWCESTER CLOSE has not materially changed since August 2018.

How Large is 5 TOWCESTER CLOSE?

5 TOWCESTER CLOSE is 69m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of semi-detached houses in Manchester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Manchester, and where 5 TOWCESTER CLOSE lies on this distribution: 13% of semi-detached houses are smaller than 5 TOWCESTER CLOSE, and 86% of semi-detached houses are larger. Note that EPC data is not available for all properties in Manchester.

5 TOWCESTER CLOSE: Plot

5 TOWCESTER CLOSE sits on a plot of roughly 0.044 of an acre, or 177m².

Where is 5 TOWCESTER CLOSE?

5 TOWCESTER CLOSE is located in MANCHESTER, in the M4 postcode district.