Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 STUBBS CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £215,000 in March 2020, which was around 30% below the average March 2020 detached price in the Salford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 7 STUBBS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the five 7 STUBBS CLOSE 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 |
---|---|---|---|
2020 9 MAR | £215,000 | £307,475 | 30% below HPI |
2018 27 JUL | £200,000 | £282,589 | 29% below HPI |
2015 19 JUN | £170,000 | £217,949 | 22% below HPI |
2005 7 APR | £157,500 | £191,108 | 18% below HPI |
2001 19 DEC | £90,950 | £93,628 | 3% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The five 7 STUBBS CLOSE sales between December 2001 and March 2020 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 July 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
7 STUBBS CLOSE is 69m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 7 STUBBS CLOSE lies on this distribution: 6% of detached houses are smaller than 7 STUBBS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Salford.
7 STUBBS CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 STUBBS 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 7 STUBBS 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.
7 STUBBS CLOSE is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 7 on STUBBS CLOSE.