5, REEDMAKER PLACE, SWINTON, MANCHESTER, M27 9LN - £190,000

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

5 REEDMAKER PLACE is a very small detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £363,795. It was last sold for £190,000 in December 2015, which was around 16% below the average December 2015 detached price in the Salford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

5 REEDMAKER PLACE Sold Prices

Land registry data shows two sales for 5 REEDMAKER PLACE 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 5 REEDMAKER PLACE 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
2015 11 DEC	£190,000	£226,011	16% below HPI
2003 12 DEC	£113,950	£147,739	23% below HPI

5 REEDMAKER PLACE 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 5 REEDMAKER PLACE sales from December 2003 and December 2015 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 December 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 REEDMAKER PLACE be worth now?

5 REEDMAKER PLACE might now be worth an estimated £363,795.

This is based on house price inflation of 91.5%, between December 2015 and February 2025, for 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 91.5% inflationary increase is applied to the most recent sale price for 5 REEDMAKER PLACE of £190,000 on 11th December 2015. For the value to have increased from £190,000 to £363,795 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 REEDMAKER PLACE has moved in line with the HPI for detached houses in the Salford local authority area.
• The December 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REEDMAKER PLACE has not materially changed since December 2015.

How Large is 5 REEDMAKER PLACE?

5 REEDMAKER PLACE is 84m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinton, and where 5 REEDMAKER PLACE lies on this distribution: 13% of detached houses houses are smaller than 5 REEDMAKER PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Swinton.

5 REEDMAKER PLACE: Plot and Title Map

5 REEDMAKER PLACE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 REEDMAKER PLACE, 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 REEDMAKER PLACE). 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 5 REEDMAKER PLACE?

5 REEDMAKER PLACE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 5 on REEDMAKER PLACE.