12, SPINDLEPOINT DRIVE, WORSLEY, MANCHESTER, M28 7GL - £190,000

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

12 SPINDLEPOINT DRIVE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2014, which was around 9% below the average August 2014 detached price in the Salford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

12 SPINDLEPOINT DRIVE Sold Prices

Land registry data shows two sales for 12 SPINDLEPOINT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. One of the two 12 SPINDLEPOINT DRIVE sales was for below the average price, whilst the other was 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
2014 27 AUG	£190,000	£209,126	9% below HPI
2003 16 MAY	£143,000	£125,573	14% above HPI

12 SPINDLEPOINT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 12 SPINDLEPOINT DRIVE sales from May 2003 and August 2014 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 May 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 SPINDLEPOINT DRIVE?

12 SPINDLEPOINT DRIVE is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 12 SPINDLEPOINT DRIVE lies on this distribution: 4% of detached houses are smaller than 12 SPINDLEPOINT DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Walkden.

12 SPINDLEPOINT DRIVE: Plot and Title Map

12 SPINDLEPOINT DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 12 SPINDLEPOINT 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 12 SPINDLEPOINT 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.

Where is 12 SPINDLEPOINT DRIVE?

12 SPINDLEPOINT DRIVE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 12 on SPINDLEPOINT DRIVE.