7, THE GATEWAYS, PENDLEBURY, MANCHESTER, M27 6LA - £305,000

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

7 THE GATEWAYS is a small detached house of 96m², built sometime between 2003 and 2006. It was last sold for £305,000 in July 2020, which was about the average July 2020 detached price in the Salford local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was B.

7 THE GATEWAYS Sold Prices

Land registry data shows three sales for 7 THE GATEWAYS 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. The three 7 THE GATEWAYS sales were a mix of roughly equal to the average price, and 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
2020 7 JUL	£305,000	£305,482	Close to HPI
2001 29 JUN	£96,000	£90,909	6% above HPI
1995 29 JUN	£80,500	£70,148	15% above HPI

7 THE GATEWAYS 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 7 THE GATEWAYS sales between June 1995 and July 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 June 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 THE GATEWAYS?

7 THE GATEWAYS is 96m² according to the EPC inspection conducted in March 2020. 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 7 THE GATEWAYS lies on this distribution: 40% of detached houses are smaller than 7 THE GATEWAYS, and 60% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

7 THE GATEWAYS: Plot and Title Map

7 THE GATEWAYS sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 7 THE GATEWAYS, 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 THE GATEWAYS). 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 THE GATEWAYS?

7 THE GATEWAYS is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 7 on THE GATEWAYS.