2A, PROSPECT ROAD, CADISHEAD, MANCHESTER, M44 5AW - £270,000

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

2A PROSPECT ROAD is a small extended detached house of 87m², built sometime between 2007 and 2011. It was last sold for £270,000 in April 2022, which was around 34% below the average April 2022 detached price in the Salford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was B.

2A PROSPECT ROAD Sold Prices

Land registry data shows two sales for 2A PROSPECT ROAD 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 2A PROSPECT ROAD 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
2022 29 APR	£270,000	£407,802	34% below HPI
2017 15 SEP	£30,000	£277,559	89% below HPI

2A PROSPECT ROAD 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 2A PROSPECT ROAD sales from September 2017 and April 2022 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 2017 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the April 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2A PROSPECT ROAD?

2A PROSPECT ROAD is 87m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 2A PROSPECT ROAD lies on this distribution: 29% of detached houses are smaller than 2A PROSPECT ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Irlam.

2A PROSPECT ROAD: Plot and Title Map

2A PROSPECT ROAD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 2A PROSPECT ROAD, 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 2A PROSPECT ROAD). 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 2A PROSPECT ROAD?

2A PROSPECT ROAD is located in CADISHEAD, in the M44 postcode district. The below map shows the position of No. 2A on PROSPECT ROAD.