15, ELSHAM DRIVE, WORSLEY, MANCHESTER, M28 0RU - £266,000

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.

15 ELSHAM DRIVE is a small extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £297,371. It was last sold for £266,000 in September 2021, which was around 31% below the average September 2021 detached price in the Salford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

15 ELSHAM DRIVE Sold Prices

Land registry data shows two sales for 15 ELSHAM 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. Both of the two 15 ELSHAM 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
2021 3 SEP	£266,000	£387,094	31% below HPI
1998 17 JUL	£56,995	£74,918	24% below HPI

15 ELSHAM 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 15 ELSHAM DRIVE sales from July 1998 and September 2021 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 July 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 ELSHAM DRIVE be worth now?

15 ELSHAM DRIVE might now be worth an estimated £297,371.

This is based on house price inflation of 11.8%, between September 2021 and February 2025, for detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.8% inflationary increase is applied to the most recent sale price for 15 ELSHAM DRIVE of £266,000 on 3rd September 2021. For the value to have increased from £266,000 to £297,371 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 ELSHAM DRIVE has moved in line with the HPI for detached houses in the Salford local authority area.
• The September 2021 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELSHAM DRIVE has not materially changed since September 2021.

How Large is 15 ELSHAM DRIVE?

15 ELSHAM DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Little Hulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Hulton, and where 15 ELSHAM DRIVE lies on this distribution: 35% of detached houses houses are smaller than 15 ELSHAM DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

15 ELSHAM DRIVE: Plot and Title Map

15 ELSHAM DRIVE sits on a plot of roughly 0.769 of an acre, or 3,112m². The below map shows the location of 15 ELSHAM 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 15 ELSHAM 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 15 ELSHAM DRIVE?

15 ELSHAM DRIVE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 15 on ELSHAM DRIVE.