501B, MANCHESTER ROAD, WARDLEY, MANCHESTER, M27 9QN - £300,500

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

501B MANCHESTER ROAD is a midsized extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £300,500 in November 2023, which was around 28% below the average November 2023 detached price in the Salford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

501B MANCHESTER ROAD Sold Prices

Land registry data shows three sales for 501B MANCHESTER ROAD 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. The three 501B MANCHESTER ROAD sales were a mix of below the average price, and roughly equal to 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 27 NOV	£300,500	£418,041	28% below HPI
2010 26 NOV	£175,000	£196,565	11% below HPI
1996 26 JUL	£69,950	£69,742	Close to HPI

501B MANCHESTER ROAD 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 501B MANCHESTER ROAD sales between July 1996 and November 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 November 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 501B MANCHESTER ROAD?

501B MANCHESTER ROAD is 99m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Wardley, based on EPC data. The below chart shows the distribution of detached houses by size in Wardley, and where 501B MANCHESTER ROAD lies on this distribution: 42% of detached houses are smaller than 501B MANCHESTER ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Wardley.

501B MANCHESTER ROAD: Plot and Title Map

501B MANCHESTER ROAD sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 501B 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 501B 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.

Where is 501B MANCHESTER ROAD?

501B MANCHESTER ROAD is located in WARDLEY, in the M27 postcode district. The below map shows the position of No. 501B on MANCHESTER ROAD.