12, GRESHAM WAY, SALE, M33 3UY - £652,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 GRESHAM WAY is a very large extended detached house of 182m², built sometime between 2003 and 2006, which could now be worth an estimated £961,595. It was last sold for £652,000 in May 2017, which was around 27% above the average May 2017 detached price in the Trafford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

12 GRESHAM WAY Sold Prices

Land registry data shows two sales for 12 GRESHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 12 GRESHAM WAY sales were for above 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
2017 31 MAY	£652,000	£515,223	27% above HPI
2003 21 NOV	£399,950	£280,687	42% above HPI

12 GRESHAM WAY 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 two 12 GRESHAM WAY sales from November 2003 and May 2017 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 November 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 12 GRESHAM WAY be worth now?

12 GRESHAM WAY might now be worth an estimated £961,595.

This is based on house price inflation of 47.5%, between May 2017 and December 2024, for 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 47.5% inflationary increase is applied to the most recent sale price for 12 GRESHAM WAY of £652,000 on 31st May 2017. For the value to have increased from £652,000 to £961,595 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 12 GRESHAM WAY has moved in line with the HPI for detached houses in the Trafford local authority area.
• The May 2017 sale price of £652,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GRESHAM WAY has not materially changed since May 2017.

How Large is 12 GRESHAM WAY?

12 GRESHAM WAY is 182m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses houses in Sale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sale, and where 12 GRESHAM WAY lies on this distribution: 82% of detached houses houses are smaller than 12 GRESHAM WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Sale.

12 GRESHAM WAY: Plot and Title Map

12 GRESHAM WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 12 GRESHAM WAY, 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 12 GRESHAM WAY). 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 12 GRESHAM WAY?

12 GRESHAM WAY is located in SALE, in the M33 postcode district. The below map shows the position of No. 12 on GRESHAM WAY.