54, PARKSWAY, PENDLEBURY, MANCHESTER, M27 4JF - £186,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 PARKSWAY is a very small detached house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £284,974. It was last sold for £186,500 in May 2018, which was around 34% below the average May 2018 detached price in the Salford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

54 PARKSWAY Sold Prices

Land registry data shows four sales for 54 PARKSWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the four 54 PARKSWAY 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
2018 25 MAY	£186,500	£283,209	34% below HPI
2015 30 NOV	£164,000	£227,128	28% below HPI
2013 28 FEB	£136,600	£189,480	28% below HPI
2004 17 DEC	£128,000	£187,710	32% below HPI

54 PARKSWAY 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 four 54 PARKSWAY sales between December 2004 and May 2018 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 54 PARKSWAY be worth now?

54 PARKSWAY might now be worth an estimated £284,974.

This is based on house price inflation of 52.8%, between May 2018 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 52.8% inflationary increase is applied to the most recent sale price for 54 PARKSWAY of £186,500 on 25th May 2018. For the value to have increased from £186,500 to £284,974 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 54 PARKSWAY has moved in line with the HPI for detached houses in the Salford local authority area.
• The May 2018 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 54 PARKSWAY has not materially changed since May 2018.

How Large is 54 PARKSWAY?

54 PARKSWAY is 63m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pendlebury, and where 54 PARKSWAY lies on this distribution: 1% of detached houses houses are smaller than 54 PARKSWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

54 PARKSWAY: Plot and Title Map

54 PARKSWAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 54 PARKSWAY, 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 54 PARKSWAY). 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 54 PARKSWAY?

54 PARKSWAY is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 54 on PARKSWAY.