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
5 NORWOOD DRIVE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £180,000 in October 2016, which was around 29% below the average October 2016 detached price in the Salford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 NORWOOD DRIVE since 1st 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. Two of the three 5 NORWOOD DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2016 21 OCT | £180,000 | £253,831 | 29% below HPI |
2004 25 NOV | £200,000 | £187,725 | 7% above HPI |
2004 30 JUL | £140,000 | £165,386 | 15% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The three 5 NORWOOD DRIVE sales between July 2004 and October 2016 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 November 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
5 NORWOOD DRIVE is 59m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses by size in Swinton, and where 5 NORWOOD DRIVE lies on this distribution: 2% of detached houses are smaller than 5 NORWOOD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Swinton.
5 NORWOOD DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 NORWOOD 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 5 NORWOOD 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.
5 NORWOOD DRIVE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 5 on NORWOOD DRIVE.