6, BANKSMAN WAY, PENDLEBURY, MANCHESTER, M27 8WD - £278,500

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

6 BANKSMAN WAY is a small detached house of 94m², built sometime from 2007 onwards. It was last sold for £278,500 in August 2022, which was around 33% below the average August 2022 detached price in the Salford local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

6 BANKSMAN WAY Sold Prices

Land registry data shows three sales for 6 BANKSMAN WAY 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. All of the three 6 BANKSMAN WAY 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
2022 15 AUG	£278,500	£412,802	33% below HPI
2016 5 AUG	£168,000	£251,002	33% below HPI
2007 29 JUN	£185,000	£215,622	14% below HPI

6 BANKSMAN WAY 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 6 BANKSMAN WAY sales between June 2007 and August 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 August 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, which was also at 33% below the HPI.

How Large is 6 BANKSMAN WAY?

6 BANKSMAN WAY is 94m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 6 BANKSMAN WAY lies on this distribution: 33% of detached houses are smaller than 6 BANKSMAN WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

6 BANKSMAN WAY: Plot and Title Map

6 BANKSMAN WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 6 BANKSMAN WAY, 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 6 BANKSMAN WAY). 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 6 BANKSMAN WAY?

6 BANKSMAN WAY is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 6 on BANKSMAN WAY.