1, PRESTWOOD CLOSE, URMSTON, MANCHESTER, M41 7GA - £299,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PRESTWOOD CLOSE is a small detached house of 90m². It was last sold for £299,000 in April 2020, which was around 46% below the average April 2020 detached price in the Trafford local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

1 PRESTWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 PRESTWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 1 PRESTWOOD 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
2020 1 APR	£299,000	£552,177	46% below HPI
2015 15 JUN	£240,500	£404,596	41% below HPI
2011 20 DEC	£184,995	£335,580	45% below HPI

1 PRESTWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 1 PRESTWOOD CLOSE sales between December 2011 and April 2020 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 PRESTWOOD CLOSE?

1 PRESTWOOD CLOSE is 90m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses by size in Urmston, and where 1 PRESTWOOD CLOSE lies on this distribution: 25% of detached houses are smaller than 1 PRESTWOOD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Urmston.

1 PRESTWOOD CLOSE: Plot and Title Map

1 PRESTWOOD CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 1 PRESTWOOD 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 1 PRESTWOOD 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 1 PRESTWOOD CLOSE?

1 PRESTWOOD CLOSE is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 1 on PRESTWOOD CLOSE.