6, NORWOOD CLOSE, WORSLEY, MANCHESTER, M28 7ES - £325,000

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

6 NORWOOD CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2022, which was around 25% below the average September 2022 detached price in the Salford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

6 NORWOOD CLOSE Sold Prices

Land registry data shows two sales for 6 NORWOOD CLOSE 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 6 NORWOOD CLOSE 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
2022 29 SEP	£325,000	£434,623	25% below HPI
2002 16 DEC	£130,000	£122,261	6% above HPI

6 NORWOOD CLOSE 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 6 NORWOOD CLOSE sales from December 2002 and September 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 December 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 NORWOOD CLOSE?

6 NORWOOD CLOSE is 69m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 6 NORWOOD CLOSE lies on this distribution: 3% of detached houses are smaller than 6 NORWOOD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Walkden.

6 NORWOOD CLOSE: Plot and Title Map

6 NORWOOD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 6 NORWOOD CLOSE, 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 NORWOOD CLOSE). 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 NORWOOD CLOSE?

6 NORWOOD CLOSE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 6 on NORWOOD CLOSE.