31, TOWNSGATE WAY, IRLAM, MANCHESTER, M44 6RL - £329,000

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

31 TOWNSGATE WAY is a very small extended detached house of 83m², built sometime between 2003 and 2006. It was last sold for £329,000 in April 2023, which was around 20% below the average April 2023 detached price in the Salford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

31 TOWNSGATE WAY Sold Prices

Land registry data shows three sales for 31 TOWNSGATE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 31 TOWNSGATE WAY 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
2023 28 APR	£329,000	£410,967	20% below HPI
2015 2 JUN	£201,000	£217,949	8% below HPI
2007 23 FEB	£188,096	£211,216	11% below HPI

31 TOWNSGATE WAY 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 three 31 TOWNSGATE WAY sales between February 2007 and April 2023 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 June 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 TOWNSGATE WAY?

31 TOWNSGATE WAY is 83m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 31 TOWNSGATE WAY lies on this distribution: 19% of detached houses are smaller than 31 TOWNSGATE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Irlam.

31 TOWNSGATE WAY: Plot and Title Map

31 TOWNSGATE WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 31 TOWNSGATE WAY, 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 31 TOWNSGATE WAY). 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 31 TOWNSGATE WAY?

31 TOWNSGATE WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 31 on TOWNSGATE WAY.