7, TOWNSGATE WAY, IRLAM, MANCHESTER, M44 6RL - £174,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 TOWNSGATE WAY is a small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £174,000 in April 2015, which was around 20% below the average April 2015 detached price in the Salford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

7 TOWNSGATE WAY Sold Prices

Land registry data shows two sales for 7 TOWNSGATE 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 TOWNSGATE 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
2015 22 APR	£174,000	£217,687	20% below HPI
2004 2 JUN	£144,950	£159,640	9% below HPI

7 TOWNSGATE 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 TOWNSGATE WAY sales from June 2004 and April 2015 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 TOWNSGATE WAY?

7 TOWNSGATE WAY is 86m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 7 TOWNSGATE WAY lies on this distribution: 27% of detached houses are smaller than 7 TOWNSGATE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Irlam.

7 TOWNSGATE WAY: Plot and Title Map

7 TOWNSGATE WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 TOWNSGATE 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 TOWNSGATE 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 TOWNSGATE WAY?

7 TOWNSGATE WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 7 on TOWNSGATE WAY.