3, THE GATEWAYS, PENDLEBURY, MANCHESTER, M27 6LA - £143,000

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

3 THE GATEWAYS is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £143,000 in April 2003, which was around 18% above the average April 2003 detached price in the Salford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

3 THE GATEWAYS Sold Prices

Land registry data shows two sales for 3 THE GATEWAYS 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. One of the two 3 THE GATEWAYS sales was for above the average price, whilst the other was 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
2003 13 APR	£143,000	£121,077	18% above HPI
1998 27 NOV	£73,500	£74,612	1% below HPI

3 THE GATEWAYS 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 3 THE GATEWAYS sales from November 1998 and April 2003 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2003 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 THE GATEWAYS?

3 THE GATEWAYS is 95m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 3 THE GATEWAYS lies on this distribution: 38% of detached houses are smaller than 3 THE GATEWAYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

3 THE GATEWAYS: Plot and Title Map

3 THE GATEWAYS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 3 THE GATEWAYS, 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 THE GATEWAYS). 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 THE GATEWAYS?

3 THE GATEWAYS is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 3 on THE GATEWAYS.