4, CHURNING TERRACE, IRLAM, MANCHESTER, M44 6TH - £135,000

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

4 CHURNING TERRACE is a very small semi-detached house of 65m², built sometime between 1996 and 2002. It was last sold for £135,000 in January 2015, which was around 37% below the average January 2015 detached price in the Salford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 CHURNING TERRACE Sold Prices

Land registry data shows four sales for 4 CHURNING TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the four 4 CHURNING TERRACE 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
2015 9 JAN	£135,000	£215,299	37% below HPI
2002 29 MAY	£80,000	£101,286	21% below HPI
2001 2 MAR	£60,000	£87,567	31% below HPI
1998 31 JUL	£56,750	£75,665	25% below HPI

4 CHURNING TERRACE 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 four 4 CHURNING TERRACE sales between July 1998 and January 2015 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 May 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 CHURNING TERRACE?

4 CHURNING TERRACE is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 4 CHURNING TERRACE lies on this distribution: 2% of detached houses are smaller than 4 CHURNING TERRACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Irlam.

4 CHURNING TERRACE: Plot and Title Map

4 CHURNING TERRACE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 4 CHURNING TERRACE, 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 4 CHURNING TERRACE). 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 4 CHURNING TERRACE?

4 CHURNING TERRACE is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 4 on CHURNING TERRACE.