7, RACECOURSE WAY, SALFORD, M7 3AA - £252,500

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 RACECOURSE WAY is a small detached house of 103m², which could now be worth an estimated £393,267. It was last sold for £252,500 in January 2018, which was around 9% below the average January 2018 detached price in the Salford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

7 RACECOURSE WAY Sold Prices

Land registry data shows two sales for 7 RACECOURSE WAY 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 RACECOURSE 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
2018 29 JAN	£252,500	£277,459	9% below HPI
2015 20 NOV	£224,995	£227,128	1% below HPI

7 RACECOURSE 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 two 7 RACECOURSE WAY sales from November 2015 and January 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 RACECOURSE WAY be worth now?

7 RACECOURSE WAY might now be worth an estimated £393,267.

This is based on house price inflation of 55.7%, between January 2018 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 55.7% inflationary increase is applied to the most recent sale price for 7 RACECOURSE WAY of £252,500 on 29th January 2018. For the value to have increased from £252,500 to £393,267 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 7 RACECOURSE WAY has moved in line with the HPI for detached houses in the Salford local authority area.
• The January 2018 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RACECOURSE WAY has not materially changed since January 2018.

How Large is 7 RACECOURSE WAY?

7 RACECOURSE WAY is 103m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Salford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salford, and where 7 RACECOURSE WAY lies on this distribution: 38% of detached houses houses are smaller than 7 RACECOURSE WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Salford.

7 RACECOURSE WAY: Plot and Title Map

7 RACECOURSE WAY sits on a plot of roughly 72.4 acres, or 292,801m². The below map shows the location of 7 RACECOURSE 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 7 RACECOURSE 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 7 RACECOURSE WAY?

7 RACECOURSE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 7 on RACECOURSE WAY.