9, RACECOURSE WAY, SALFORD, M7 3AA - £275,000

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

9 RACECOURSE WAY is a small detached house of 102m². It was last sold for £275,000 in May 2020, which was around 12% below the average May 2020 detached price in the Salford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

9 RACECOURSE WAY Sold Prices

Land registry data shows three sales for 9 RACECOURSE 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. All of the three 9 RACECOURSE WAY 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
2020 29 MAY	£275,000	£311,699	12% below HPI
2017 19 DEC	£265,000	£277,595	5% below HPI
2015 20 NOV	£224,995	£229,392	2% below HPI

9 RACECOURSE 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 9 RACECOURSE WAY sales between November 2015 and May 2020 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 December 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 RACECOURSE WAY?

9 RACECOURSE WAY is 102m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 9 RACECOURSE WAY lies on this distribution: 36% of detached houses are smaller than 9 RACECOURSE WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Salford.

9 RACECOURSE WAY: Plot and Title Map

9 RACECOURSE WAY sits on a plot of roughly 72.4 acres, or 292,801m². The below map shows the location of 9 RACECOURSE 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 9 RACECOURSE 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 9 RACECOURSE WAY?

9 RACECOURSE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 9 on RACECOURSE WAY.