5A, THE DRIVE, SALFORD, M7 3ND - £155,000

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

5A THE DRIVE is a large extended detached house of 157m², built sometime between 1900 and 1929. It was last sold for £155,000 in May 2011, which was around 19% below the average May 2011 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 D.

5A THE DRIVE Sold Prices

Land registry data shows two sales for 5A THE DRIVE 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. One of the two 5A THE DRIVE sales was for below the average price, whilst the other was 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
2011 31 MAY	£155,000	£190,905	19% below HPI
2004 4 MAY	£325,000	£156,523	108% above HPI

5A THE DRIVE 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 5A THE DRIVE sales from May 2004 and May 2011 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 May 2004 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the May 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5A THE DRIVE?

5A THE DRIVE is 157m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 5A THE DRIVE lies on this distribution: 74% of detached houses are smaller than 5A THE DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Salford.

5A THE DRIVE: Plot and Title Map

5A THE DRIVE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 5A THE DRIVE, 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 5A THE DRIVE). 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 5A THE DRIVE?

5A THE DRIVE is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 5A on THE DRIVE.