8, GREDLE CLOSE, URMSTON, MANCHESTER, M41 9RL - £212,500

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

8 GREDLE CLOSE is a very small extended semi-detached house of 81m², built sometime between 1991 and 1995. It was last sold for £212,500 in April 2014, which was around 42% below the average April 2014 detached price in the Trafford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

8 GREDLE CLOSE Sold Prices

Land registry data shows three sales for 8 GREDLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 8 GREDLE 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
2014 25 APR	£212,500	£368,372	42% below HPI
2007 23 FEB	£205,000	£333,595	39% below HPI
2000 15 DEC	£93,000	£170,040	45% below HPI

8 GREDLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 8 GREDLE CLOSE sales between December 2000 and April 2014 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 February 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 GREDLE CLOSE?

8 GREDLE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses by size in Urmston, and where 8 GREDLE CLOSE lies on this distribution: 16% of detached houses are smaller than 8 GREDLE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Urmston.

8 GREDLE CLOSE: Plot and Title Map

8 GREDLE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 GREDLE 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 8 GREDLE 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.

Where is 8 GREDLE CLOSE?

8 GREDLE CLOSE is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 8 on GREDLE CLOSE.