8, RICHBELL CLOSE, IRLAM, MANCHESTER, M44 5DG - £141,000

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 RICHBELL CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £323,566. It was last sold for £141,000 in November 2009, which was around 25% below the average November 2009 detached price in the Salford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

8 RICHBELL CLOSE Sold Prices

Land registry data shows four sales for 8 RICHBELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the four 8 RICHBELL 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
2009 18 NOV	£141,000	£188,577	25% below HPI
2009 26 JUN	£139,000	£186,677	26% below HPI
2002 31 MAY	£93,000	£100,287	7% below HPI
2000 2 JUN	£64,000	£83,945	24% below HPI

8 RICHBELL CLOSE 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 four 8 RICHBELL CLOSE sales between June 2000 and November 2009 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 June 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2009 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 RICHBELL CLOSE be worth now?

8 RICHBELL CLOSE might now be worth an estimated £323,566.

This is based on house price inflation of 129.5%, between November 2009 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 129.5% inflationary increase is applied to the most recent sale price for 8 RICHBELL CLOSE of £141,000 on 18th November 2009. For the value to have increased from £141,000 to £323,566 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 RICHBELL CLOSE has moved in line with the HPI for detached houses in the Salford local authority area.
• The November 2009 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICHBELL CLOSE has not materially changed since November 2009.

How Large is 8 RICHBELL CLOSE?

8 RICHBELL CLOSE is 104m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Irlam, and where 8 RICHBELL CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 RICHBELL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Irlam.

8 RICHBELL CLOSE: Plot and Title Map

8 RICHBELL CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 8 RICHBELL 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 RICHBELL 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 RICHBELL CLOSE?

8 RICHBELL CLOSE is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 8 on RICHBELL CLOSE.