3, THREADNEEDLE DRIVE, WORSLEY, MANCHESTER, M28 3UF - £300,000

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

3 THREADNEEDLE DRIVE is a large detached house of 121m². It was last sold for £300,000 in October 2020, which was around 8% below the average October 2020 detached price in the Salford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

3 THREADNEEDLE DRIVE Sold Prices

Land registry data shows two sales for 3 THREADNEEDLE DRIVE 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 THREADNEEDLE DRIVE sales was for below the average price, whilst the other was 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 27 OCT	£300,000	£324,488	8% below HPI
2016 25 JUL	£253,650	£251,596	1% above HPI

3 THREADNEEDLE DRIVE 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 THREADNEEDLE DRIVE sales from July 2016 and October 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 July 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 THREADNEEDLE DRIVE?

3 THREADNEEDLE DRIVE is 121m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 3 THREADNEEDLE DRIVE lies on this distribution: 62% of detached houses are smaller than 3 THREADNEEDLE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Walkden.

3 THREADNEEDLE DRIVE: Plot and Title Map

3 THREADNEEDLE DRIVE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 3 THREADNEEDLE DRIVE, 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 THREADNEEDLE DRIVE). 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 THREADNEEDLE DRIVE?

3 THREADNEEDLE DRIVE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 3 on THREADNEEDLE DRIVE.