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 THE BORRANS is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £402,000 in March 2022, which was around 1% below the average March 2022 detached price in the Salford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 5 THE BORRANS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Most of the five 5 THE BORRANS sales were 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 |
---|---|---|---|
2022 31 MAR | £402,000 | £406,492 | 1% below HPI |
2015 4 DEC | £253,000 | £228,263 | 11% above HPI |
2008 26 SEP | £250,000 | £210,386 | 19% above HPI |
2004 28 MAY | £250,000 | £156,523 | 60% above HPI |
1996 25 NOV | £47,100 | £71,106 | 34% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The five 5 THE BORRANS sales between November 1996 and March 2022 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 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
5 THE BORRANS is 94m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses by size in Worsley, and where 5 THE BORRANS lies on this distribution: 18% of detached houses are smaller than 5 THE BORRANS, and 82% of houses are larger. Note that EPC data is not available for all properties in Worsley.
5 THE BORRANS sits on a plot of roughly 0.437 of an acre, or 1,770m². The below map shows the location of 5 THE BORRANS, 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 THE BORRANS). 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 THE BORRANS is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 5 on THE BORRANS.