40, FARNHAM DRIVE, IRLAM, MANCHESTER, M44 6DG - £250,000

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

40 FARNHAM DRIVE is a large extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2018, which was around 12% below the average June 2018 detached price in the Salford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

40 FARNHAM DRIVE Sold Prices

Land registry data shows two sales for 40 FARNHAM DRIVE 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 40 FARNHAM DRIVE 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
2018 12 JUN	£250,000	£283,584	12% below HPI
1999 2 JUL	£59,000	£79,501	26% below HPI

40 FARNHAM DRIVE 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 40 FARNHAM DRIVE sales from July 1999 and June 2018 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 July 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 FARNHAM DRIVE?

40 FARNHAM DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 40 FARNHAM DRIVE lies on this distribution: 65% of detached houses are smaller than 40 FARNHAM DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Irlam.

40 FARNHAM DRIVE: Plot and Title Map

40 FARNHAM DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 40 FARNHAM DRIVE, 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 40 FARNHAM DRIVE). 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 40 FARNHAM DRIVE?

40 FARNHAM DRIVE is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 40 on FARNHAM DRIVE.