8, NORWOOD, PRESTWICH, MANCHESTER, M25 9WA - £181,300

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NORWOOD is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £302,404. It was last sold for £181,300 in February 2016, which was around 23% below the average February 2016 detached price in the Bury local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

8 NORWOOD Sold Prices

Land registry data shows two sales for 8 NORWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 8 NORWOOD 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
2016 19 FEB	£181,300	£233,945	23% below HPI
2006 27 OCT	£170,000	£218,713	22% below HPI

8 NORWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 8 NORWOOD sales from October 2006 and February 2016 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 October 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 NORWOOD be worth now?

8 NORWOOD might now be worth an estimated £302,404.

This is based on house price inflation of 66.8%, between February 2016 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.8% inflationary increase is applied to the most recent sale price for 8 NORWOOD of £181,300 on 19th February 2016. For the value to have increased from £181,300 to £302,404 over the nine years to February 2025, the following assumptions must hold true:

• The value of 8 NORWOOD has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2016 sale price of £181,300 represented a fair market value for the property.
• The size, condition, and specification of 8 NORWOOD has not materially changed since February 2016.

How Large is 8 NORWOOD?

8 NORWOOD is 91m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 8 NORWOOD lies on this distribution: 16% of detached houses houses are smaller than 8 NORWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

8 NORWOOD: Plot and Title Map

8 NORWOOD sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 8 NORWOOD, 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 NORWOOD). 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 NORWOOD?

8 NORWOOD is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 8 on NORWOOD.