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
11 MALLOW DRIVE is a very small extended detached house of 85m², built sometime from 2012 onwards. It was last sold for £400,000 in March 2023, which was around 4% below the average March 2023 detached price in the Salford local authority area. The most recent EPC inspection was July 2022, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for 11 MALLOW DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 11 MALLOW DRIVE 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 8 MAR | £400,000 | £416,681 | 4% below HPI |
2018 4 OCT | £240,000 | £295,037 | 19% below HPI |
2016 29 FEB | £179,950 | £230,653 | 22% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The three 11 MALLOW DRIVE sales between February 2016 and March 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 October 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
11 MALLOW DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 11 MALLOW DRIVE lies on this distribution: 16% of detached houses are smaller than 11 MALLOW DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Salford.
11 MALLOW DRIVE sits on a plot of roughly 6.0 acres, or 24,098m². The below map shows the location of 11 MALLOW 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 11 MALLOW 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.
11 MALLOW DRIVE is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 11 on MALLOW DRIVE.