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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 GREDLE CLOSE is a very large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £495,000 in May 2021, which was around 14% 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	£573,958	14% below HPI
2014 5 SEP	£290,000	£381,087	24% below HPI
2002 17 JUN	£178,000	£202,902	12% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Urmston, based on EPC data. The below chart shows the distribution of detached houses by size in Urmston, and where 18 GREDLE CLOSE lies on this distribution: 84% of detached 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.