18, GREDLE CLOSE, URMSTON, MANCHESTER, M41 9RL - £495,000

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.

18 GREDLE CLOSE is a very large extended detached house of 156m², built sometime between 1983 and 1990, which could now be worth an estimated £604,336. It was last sold for £495,000 in May 2021, which was around 21% below the average May 2021 detached price in the Trafford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

18 GREDLE CLOSE Sold Prices

Land registry data shows three sales for 18 GREDLE 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 18 GREDLE 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
2021 7 MAY	£495,000	£626,282	21% below HPI
2014 5 SEP	£290,000	£415,828	30% below HPI
2002 17 JUN	£178,000	£221,399	20% below HPI

18 GREDLE 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 18 GREDLE CLOSE sales between June 2002 and May 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 September 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 GREDLE CLOSE be worth now?

18 GREDLE CLOSE might now be worth an estimated £604,336.

This is based on house price inflation of 22.1%, between May 2021 and February 2025, 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 22.1% inflationary increase is applied to the most recent sale price for 18 GREDLE CLOSE of £495,000 on 7th May 2021. For the value to have increased from £495,000 to £604,336 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 18 GREDLE CLOSE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The May 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GREDLE CLOSE has not materially changed since May 2021.

How Large is 18 GREDLE CLOSE?

18 GREDLE CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Urmston, and where 18 GREDLE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 18 GREDLE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Urmston.

18 GREDLE CLOSE: Plot and Title Map

18 GREDLE CLOSE sits on a plot of roughly 5.4 acres, or 21,869m². The below map shows the location of 18 GREDLE 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 18 GREDLE 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 18 GREDLE CLOSE?

18 GREDLE CLOSE is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 18 on GREDLE CLOSE.