8, CHELMER WAY, ECCLES, MANCHESTER, M30 8EN - £325,000

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

8 CHELMER WAY is a midsized detached house of 110m², which could now be worth an estimated £397,379. It was last sold for £325,000 in May 2021, which was around 8% below the average May 2021 detached price in the Salford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

8 CHELMER WAY Sold Prices

Land registry data shows two sales for 8 CHELMER 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 8 CHELMER 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
2021 28 MAY	£325,000	£353,925	8% below HPI
2017 23 JAN	£234,995	£262,807	11% below HPI

8 CHELMER 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 8 CHELMER WAY sales from January 2017 and May 2021 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 January 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 CHELMER WAY be worth now?

8 CHELMER WAY might now be worth an estimated £397,379.

This is based on house price inflation of 22.3%, between May 2021 and February 2025, 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 22.3% inflationary increase is applied to the most recent sale price for 8 CHELMER WAY of £325,000 on 28th May 2021. For the value to have increased from £325,000 to £397,379 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 CHELMER WAY has moved in line with the HPI for detached houses in the Salford local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHELMER WAY has not materially changed since May 2021.

How Large is 8 CHELMER WAY?

8 CHELMER WAY is 110m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses houses in Eccles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eccles, and where 8 CHELMER WAY lies on this distribution: 49% of detached houses houses are smaller than 8 CHELMER WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Eccles.

8 CHELMER WAY: Plot and Title Map

8 CHELMER WAY sits on a plot of roughly 4.0 acres, or 16,107m². The below map shows the location of 8 CHELMER 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 8 CHELMER 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 8 CHELMER WAY?

8 CHELMER WAY is located in ECCLES, in the M30 postcode district. The below map shows the position of No. 8 on CHELMER WAY.