40, PARKWAY, LITTLE HULTON, MANCHESTER, M38 0DB - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 PARKWAY is a small semi-detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £161,147. It was last sold for £130,000 in February 2021, which was around 40% below the average February 2021 semi-detached price in the Salford local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

40 PARKWAY Sold Prices

Land registry data shows five sales for 40 PARKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Salford local authority area for the corresponding sale date. All of the five 40 PARKWAY 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
2021 12 FEB	£130,000	£218,094	40% below HPI
2009 27 OCT	£53,000	£116,790	55% below HPI
2004 8 MAR	£45,000	£89,941	50% below HPI
2002 21 JUN	£29,950	£58,708	49% below HPI
1998 27 MAR	£25,000	£42,554	41% below HPI

40 PARKWAY 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 five 40 PARKWAY sales between March 1998 and February 2021 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 October 2009 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 40 PARKWAY be worth now?

40 PARKWAY might now be worth an estimated £161,147.

This is based on house price inflation of 24%, between February 2021 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 24% inflationary increase is applied to the most recent sale price for 40 PARKWAY of £130,000 on 12th February 2021. For the value to have increased from £130,000 to £161,147 over the four years to February 2025, the following assumptions must hold true:

• The value of 40 PARKWAY has moved in line with the HPI for semi-detached houses in the Salford local authority area.
• The February 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PARKWAY has not materially changed since February 2021.

How Large is 40 PARKWAY?

40 PARKWAY is 105m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of semi-detached houses houses in Little Hulton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Little Hulton, and where 40 PARKWAY lies on this distribution: 40% of semi-detached houses houses are smaller than 40 PARKWAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

40 PARKWAY: Plot and Title Map

40 PARKWAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 40 PARKWAY, 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 PARKWAY). 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 PARKWAY?

40 PARKWAY is located in LITTLE HULTON, in the M38 postcode district. The below map shows the position of No. 40 on PARKWAY.