20, MERCHANTS QUAY, SALFORD, M50 3XR - £420,000

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

20 MERCHANTS QUAY is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £420,000 in February 2021, which was around 19% above the average February 2021 detached price in the Salford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

20 MERCHANTS QUAY Sold Prices

Land registry data shows four sales for 20 MERCHANTS QUAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the four 20 MERCHANTS QUAY 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 22 FEB	£420,000	£352,028	19% above HPI
2017 11 AUG	£320,000	£277,069	15% above HPI
2009 11 SEP	£227,500	£190,458	19% above HPI
1998 1 MAY	£109,000	£76,206	43% above HPI

20 MERCHANTS QUAY 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 four 20 MERCHANTS QUAY sales between May 1998 and February 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 August 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 20 MERCHANTS QUAY?

20 MERCHANTS QUAY is 120m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 20 MERCHANTS QUAY lies on this distribution: 59% of detached houses are smaller than 20 MERCHANTS QUAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Salford.

20 MERCHANTS QUAY: Plot and Title Map

20 MERCHANTS QUAY sits on a plot of roughly 5.4 acres, or 21,861m². The below map shows the location of 20 MERCHANTS QUAY, 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 20 MERCHANTS QUAY). 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 20 MERCHANTS QUAY?

20 MERCHANTS QUAY is located in SALFORD, in the M50 postcode district. The below map shows the position of No. 20 on MERCHANTS QUAY.