7, PARKWAY, LITTLE HULTON, MANCHESTER, M38 0EF - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 PARKWAY is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £292,460. It was last sold for £130,000 in February 2011, which was around 32% below the average February 2011 detached price in the Salford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

7 PARKWAY Sold Prices

Land registry data shows two sales for 7 PARKWAY 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. Both of the two 7 PARKWAY 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
2011 25 FEB	£130,000	£192,089	32% below HPI
2001 5 APR	£57,000	£87,216	35% below HPI

7 PARKWAY 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 7 PARKWAY sales from April 2001 and February 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 April 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 PARKWAY be worth now?

7 PARKWAY might now be worth an estimated £292,460.

This is based on house price inflation of 125%, between February 2011 and December 2024, 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 125% inflationary increase is applied to the most recent sale price for 7 PARKWAY of £130,000 on 25th February 2011. For the value to have increased from £130,000 to £292,460 over the twelve years and two months to December 2024, the following assumptions must hold true:

• The value of 7 PARKWAY has moved in line with the HPI for detached houses in the Salford local authority area.
• The February 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARKWAY has not materially changed since February 2011.

How Large is 7 PARKWAY?

7 PARKWAY is 63m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Little Hulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Hulton, and where 7 PARKWAY lies on this distribution: 1% of detached houses houses are smaller than 7 PARKWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

7 PARKWAY: Plot and Title Map

7 PARKWAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 7 PARKWAY, 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 7 PARKWAY). 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 7 PARKWAY?

7 PARKWAY is located in LITTLE HULTON, in the M38 postcode district. The below map shows the position of No. 7 on PARKWAY.