2, PENRICE FOLD, WORSLEY, MANCHESTER, M28 1ZB - £440,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PENRICE FOLD is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £440,000 in July 2021, which was around 17% above the average July 2021 detached price in the Salford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 PENRICE FOLD Sold Prices

Land registry data shows two sales for 2 PENRICE FOLD since 1^st 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 PENRICE FOLD 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
2021 19 JUL	£440,000	£375,792	17% above HPI
2016 12 APR	£325,000	£237,683	37% above HPI

2 PENRICE FOLD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 2 PENRICE FOLD sales from April 2016 and July 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 April 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 PENRICE FOLD?

2 PENRICE FOLD is 105m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 2 PENRICE FOLD lies on this distribution: 35% of detached houses are smaller than 2 PENRICE FOLD, and 65% of houses are larger. Note that EPC data is not available for all properties in Walkden.

2 PENRICE FOLD: Plot and Title Map

2 PENRICE FOLD sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 2 PENRICE FOLD, 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 PENRICE FOLD). 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 PENRICE FOLD?

2 PENRICE FOLD is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 2 on PENRICE FOLD.