38, TOWNSGATE WAY, IRLAM, MANCHESTER, M44 6RL - £350,000

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

38 TOWNSGATE WAY is a midsized extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £350,000 in August 2024, which was around 19% below the average August 2024 detached price in the Salford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

38 TOWNSGATE WAY Sold Prices

Land registry data shows three sales for 38 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 38 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
2024 22 AUG	£350,000	£431,389	19% below HPI
2021 29 SEP	£300,000	£390,952	23% below HPI
2005 24 JUN	£184,950	£191,016	3% below HPI

38 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 38 TOWNSGATE WAY sales between June 2005 and August 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 September 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 TOWNSGATE WAY?

38 TOWNSGATE WAY is 105m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 38 TOWNSGATE WAY lies on this distribution: 53% of detached houses are smaller than 38 TOWNSGATE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Irlam.

38 TOWNSGATE WAY: Plot and Title Map

38 TOWNSGATE WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 38 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 38 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 38 TOWNSGATE WAY?

38 TOWNSGATE WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 38 on TOWNSGATE WAY.