2, FAIRBURN CLOSE, URMSTON, MANCHESTER, M41 8DX - £250,000

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

2 FAIRBURN CLOSE is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2003, which was around 13% above the average January 2003 detached price in the Trafford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 FAIRBURN CLOSE Sold Prices

Land registry data shows two sales for 2 FAIRBURN CLOSE 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 2 FAIRBURN CLOSE 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
2003 24 JAN	£250,000	£221,983	13% above HPI
2000 25 FEB	£167,000	£145,839	15% above HPI

2 FAIRBURN 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 two 2 FAIRBURN CLOSE sales from February 2000 and January 2003 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 February 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2003 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 FAIRBURN CLOSE?

2 FAIRBURN CLOSE is 172m² according to the EPC inspection conducted in June 2022. 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 2 FAIRBURN CLOSE lies on this distribution: 90% of detached houses are smaller than 2 FAIRBURN CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Urmston.

2 FAIRBURN CLOSE: Plot and Title Map

2 FAIRBURN CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 FAIRBURN 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 2 FAIRBURN 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 2 FAIRBURN CLOSE?

2 FAIRBURN CLOSE is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 2 on FAIRBURN CLOSE.