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 MORTLAKE CLOSE is a very small extended semi-detached house of 88m², built sometime between 1950 and 1966. It was last sold for £116,000 in May 2014, which was around 43% below the average May 2014 detached price in the Salford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 MORTLAKE CLOSE since 1st 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 2 MORTLAKE 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 |
---|---|---|---|
2014 20 MAY | £116,000 | £202,038 | 43% below HPI |
1995 29 SEP | £49,000 | £68,103 | 28% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 2 MORTLAKE CLOSE sales from September 1995 and May 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 September 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
2 MORTLAKE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Little Hulton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Hulton, and where 2 MORTLAKE CLOSE lies on this distribution: 18% of detached houses are smaller than 2 MORTLAKE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.
2 MORTLAKE CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 MORTLAKE 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 MORTLAKE 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.
2 MORTLAKE CLOSE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 2 on MORTLAKE CLOSE.