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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 NORWOOD is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £181,300 in February 2016, which was around 25% 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	£242,748	25% below HPI
2006 27 OCT	£170,000	£226,942	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2016 sale, which was also at 25% below the HPI.

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 in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 8 NORWOOD lies on this distribution: 17% of detached 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.