3, VELVETEEN CRESCENT, WORSLEY, MANCHESTER, M28 3ZR - £315,000

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 VELVETEEN CRESCENT is a small detached house of 95m². It was last sold for £315,000 in May 2024, which was around 25% below the average May 2024 detached price in the Salford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

3 VELVETEEN CRESCENT Sold Prices

Land registry data shows two sales for 3 VELVETEEN CRESCENT 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. Both of the two 3 VELVETEEN CRESCENT 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
2024 20 MAY	£315,000	£418,299	25% below HPI
2019 13 DEC	£252,995	£301,847	16% below HPI

3 VELVETEEN CRESCENT 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 VELVETEEN CRESCENT sales from December 2019 and May 2024 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 December 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 VELVETEEN CRESCENT?

3 VELVETEEN CRESCENT is 95m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Little Hulton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Hulton, and where 3 VELVETEEN CRESCENT lies on this distribution: 27% of detached houses are smaller than 3 VELVETEEN CRESCENT, and 71% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

3 VELVETEEN CRESCENT: Plot and Title Map

3 VELVETEEN CRESCENT sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 VELVETEEN CRESCENT, 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 VELVETEEN CRESCENT). 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 VELVETEEN CRESCENT?

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