3, NEWSTEAD ROAD, URMSTON, MANCHESTER, M41 0QQ - £424,250

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

3 NEWSTEAD ROAD is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £424,250 in July 2022, which was around 36% below the average July 2022 detached price in the Trafford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

3 NEWSTEAD ROAD Sold Prices

Land registry data shows two sales for 3 NEWSTEAD 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 Trafford local authority area for the corresponding sale date. Both of the two 3 NEWSTEAD 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 1 JUL	£424,250	£663,802	36% below HPI
2016 23 AUG	£285,000	£449,787	37% below HPI

3 NEWSTEAD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The two 3 NEWSTEAD ROAD sales from August 2016 and July 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 August 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 NEWSTEAD ROAD?

3 NEWSTEAD ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses by size in Urmston, and where 3 NEWSTEAD ROAD lies on this distribution: 39% of detached houses are smaller than 3 NEWSTEAD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Urmston.

3 NEWSTEAD ROAD: Plot and Title Map

3 NEWSTEAD ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 NEWSTEAD 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 3 NEWSTEAD 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 3 NEWSTEAD ROAD?

3 NEWSTEAD ROAD is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 3 on NEWSTEAD ROAD.