Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
501 MANCHESTER ROAD is a very large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2023, which was around 8% above the average March 2023 detached price in the Salford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 501 MANCHESTER ROAD 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 501 MANCHESTER ROAD 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 |
---|---|---|---|
2023 10 MAR | £450,000 | £416,681 | 8% above HPI |
2021 25 JUN | £387,000 | £358,659 | 8% above HPI |
2019 31 OCT | £350,000 | £299,432 | 17% above HPI |
2016 29 JUL | £220,000 | £251,596 | 13% below HPI |
2006 20 NOV | £243,000 | £207,051 | 17% above HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The five 501 MANCHESTER ROAD sales between November 2006 and March 2023 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 June 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2023 sale, which was also at 8% above the HPI.
501 MANCHESTER ROAD is 135m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses in Wardley, based on EPC data. The below chart shows the distribution of detached houses by size in Wardley, and where 501 MANCHESTER ROAD lies on this distribution: 95% of detached houses are smaller than 501 MANCHESTER ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Wardley.
501 MANCHESTER ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 501 MANCHESTER ROAD, 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 501 MANCHESTER ROAD). 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.
501 MANCHESTER ROAD is located in WARDLEY, in the M27 postcode district. The below map shows the position of No. 501 on MANCHESTER ROAD.