8, MATISSE WAY, SALFORD, M7 3BA - £190,000

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

8 MATISSE WAY is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £190,000 in May 2018, which was around 34% below the average May 2018 detached price in the Salford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 MATISSE WAY Sold Prices

Land registry data shows three sales for 8 MATISSE WAY 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 8 MATISSE WAY sales were a mix of below the average price, and roughly equal to 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
2018 4 MAY	£190,000	£286,031	34% below HPI
2003 1 SEP	£133,000	£143,852	8% below HPI
2000 25 AUG	£89,950	£89,614	Close to HPI

8 MATISSE 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 three 8 MATISSE WAY sales between August 2000 and May 2018 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 September 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 MATISSE WAY?

8 MATISSE WAY is 85m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 8 MATISSE WAY lies on this distribution: 16% of detached houses are smaller than 8 MATISSE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Salford.

8 MATISSE WAY: Plot and Title Map

8 MATISSE WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 8 MATISSE 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 MATISSE 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 MATISSE WAY?

8 MATISSE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 8 on MATISSE WAY.