48, THE GATEWAYS, PENDLEBURY, MANCHESTER, M27 6LA - £88,000

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

48 THE GATEWAYS is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £88,000 in February 2002, which was around 7% below the average February 2002 detached price in the Salford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

48 THE GATEWAYS Sold Prices

Land registry data shows three sales for 48 THE GATEWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 48 THE GATEWAYS 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
2002 15 FEB	£88,000	£94,452	7% below HPI
2000 14 JUL	£75,000	£85,052	12% below HPI
1998 13 JUL	£63,000	£75,665	17% below HPI

48 THE GATEWAYS 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 three 48 THE GATEWAYS sales between July 1998 and February 2002 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 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2002 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 THE GATEWAYS?

48 THE GATEWAYS is 69m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 48 THE GATEWAYS lies on this distribution: 6% of detached houses are smaller than 48 THE GATEWAYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

48 THE GATEWAYS: Plot and Title Map

48 THE GATEWAYS sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 48 THE GATEWAYS, 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 48 THE GATEWAYS). 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 48 THE GATEWAYS?

48 THE GATEWAYS is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 48 on THE GATEWAYS.