3, PLOUGH CLOSE, URMSTON, MANCHESTER, M41 6LS - £232,000

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 PLOUGH CLOSE is a small detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £419,796. It was last sold for £232,000 in February 2015, which was around 45% below the average February 2015 detached price in the Trafford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

3 PLOUGH CLOSE Sold Prices

Land registry data shows three sales for 3 PLOUGH 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 Trafford local authority area for the corresponding sale date. All of the three 3 PLOUGH CLOSE 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
2015 27 FEB	£232,000	£422,565	45% below HPI
2009 27 NOV	£190,000	£353,742	46% below HPI
2002 26 JUL	£126,000	£228,300	45% below HPI

3 PLOUGH CLOSE 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 three 3 PLOUGH CLOSE sales between July 2002 and February 2015 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 November 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2015 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 PLOUGH CLOSE be worth now?

3 PLOUGH CLOSE might now be worth an estimated £419,796.

This is based on house price inflation of 80.9%, between February 2015 and February 2025, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.9% inflationary increase is applied to the most recent sale price for 3 PLOUGH CLOSE of £232,000 on 27th February 2015. For the value to have increased from £232,000 to £419,796 over the ten years to February 2025, the following assumptions must hold true:

• The value of 3 PLOUGH CLOSE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The February 2015 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLOUGH CLOSE has not materially changed since February 2015.

How Large is 3 PLOUGH CLOSE?

3 PLOUGH CLOSE is 94m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Urmston, and where 3 PLOUGH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 3 PLOUGH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Urmston.

3 PLOUGH CLOSE: Plot and Title Map

3 PLOUGH CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 PLOUGH 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 PLOUGH 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 PLOUGH CLOSE?

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