2, NORWOOD, PRESTWICH, MANCHESTER, M25 9WA - £540,000

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

2 NORWOOD is a very large extended detached house of 243m², built sometime between 1950 and 1966. It was last sold for £540,000 in January 2019, which was around 83% above the average January 2019 detached price in the Bury local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 NORWOOD Sold Prices

Land registry data shows two sales for 2 NORWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. One of the two 2 NORWOOD sales was for above the average price, whilst the other was 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
2019 15 JAN	£540,000	£295,678	83% above HPI
2006 7 DEC	£165,000	£229,885	28% below HPI

2 NORWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 2 NORWOOD sales from December 2006 and January 2019 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 December 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2019 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 2 NORWOOD?

2 NORWOOD is 243m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 2 NORWOOD lies on this distribution: 92% of detached houses are smaller than 2 NORWOOD, and 8% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 NORWOOD: Plot and Title Map

2 NORWOOD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 2 NORWOOD, 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 NORWOOD). 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 NORWOOD?

2 NORWOOD is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on NORWOOD.