47, TOWNSGATE WAY, IRLAM, MANCHESTER, M44 6RW - £174,000

47 TOWNSGATE WAY is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £174,000 in March 2019, which was around 42% below the average March 2019 detached price in the Salford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

47 TOWNSGATE WAY Sold Prices

Land registry data shows two sales for 47 TOWNSGATE WAY 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 47 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
2019 8 MAR	£174,000	£298,477	42% below HPI
2016 19 OCT	£145,000	£253,831	43% below HPI

47 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 two 47 TOWNSGATE WAY sales from October 2016 and March 2019 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 47 TOWNSGATE WAY?

47 TOWNSGATE WAY is 76m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 47 TOWNSGATE WAY lies on this distribution: 11% of detached houses are smaller than 47 TOWNSGATE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Irlam.

47 TOWNSGATE WAY: Plot and Title Map

47 TOWNSGATE WAY sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 47 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 47 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 47 TOWNSGATE WAY?

47 TOWNSGATE WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 47 on TOWNSGATE WAY.