3, HEMSWELL CLOSE, SALFORD, M6 7DF - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 HEMSWELL CLOSE is a midsized extended detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £427,968. It was last sold for £300,000 in February 2020, which was around 1% below the average February 2020 detached price in the Salford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 HEMSWELL CLOSE Sold Prices

Land registry data shows three sales for 3 HEMSWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. One of the three 3 HEMSWELL CLOSE sales was for below the average price, whilst two 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
2020 28 FEB	£300,000	£303,349	1% below HPI
1998 4 SEP	£82,950	£74,573	11% above HPI
1998 29 MAY	£79,000	£75,454	5% above HPI

3 HEMSWELL CLOSE 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 three 3 HEMSWELL CLOSE sales between May 1998 and February 2020 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 HEMSWELL CLOSE be worth now?

3 HEMSWELL CLOSE might now be worth an estimated £427,968.

This is based on house price inflation of 42.7%, between February 2020 and February 2025, for detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 3 HEMSWELL CLOSE of £300,000 on 28th February 2020. For the value to have increased from £300,000 to £427,968 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 HEMSWELL CLOSE has moved in line with the HPI for detached houses in the Salford local authority area.
• The February 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEMSWELL CLOSE has not materially changed since February 2020.

How Large is 3 HEMSWELL CLOSE?

3 HEMSWELL CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses houses in Salford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salford, and where 3 HEMSWELL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 HEMSWELL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Salford.

3 HEMSWELL CLOSE: Plot and Title Map

3 HEMSWELL CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 HEMSWELL 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 3 HEMSWELL 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.

Where is 3 HEMSWELL CLOSE?

3 HEMSWELL CLOSE is located in SALFORD, in the M6 postcode district. The below map shows the position of No. 3 on HEMSWELL CLOSE.