4, NORWOOD CLOSE, WORSLEY, MANCHESTER, M28 7ES - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 NORWOOD CLOSE is a very small semi-detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £282,468. It was last sold for £290,000 in November 2022, which was around 4% above the average November 2022 semi-detached price in the Salford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 NORWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 NORWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Salford local authority area for the corresponding sale date. Both of the two 4 NORWOOD CLOSE sales were 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
2022 3 NOV	£290,000	£277,556	4% above HPI
1996 6 DEC	£65,000	£41,365	57% above HPI

4 NORWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Salford local authority area over time, sourced from the HPI. The two 4 NORWOOD CLOSE sales from December 1996 and November 2022 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 1996 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the November 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 NORWOOD CLOSE be worth now?

4 NORWOOD CLOSE might now be worth an estimated £282,468.

This is based on house price deflation of 2.6%, between November 2022 and February 2025, for semi-detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 4 NORWOOD CLOSE of £290,000 on 3rd November 2022. For the value to have decreased from £290,000 to £282,468 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 NORWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Salford local authority area.
• The November 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NORWOOD CLOSE has not materially changed since November 2022.

How Large is 4 NORWOOD CLOSE?

4 NORWOOD CLOSE is 63m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Walkden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walkden, and where 4 NORWOOD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 NORWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Walkden.

4 NORWOOD CLOSE: Plot and Title Map

4 NORWOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 NORWOOD CLOSE, 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 NORWOOD CLOSE). 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 NORWOOD CLOSE?

4 NORWOOD CLOSE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 4 on NORWOOD CLOSE.