16, THE GATEWAYS, PENDLEBURY, MANCHESTER, M27 6LA - £168,000

16 THE GATEWAYS is a very small semi-detached house of 82m², built sometime between 1996 and 2002. It was last sold for £168,000 in August 2018, which was around 40% below the average August 2018 detached price in the Salford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

16 THE GATEWAYS Sold Prices

Land registry data shows five sales for 16 THE GATEWAYS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the five 16 THE GATEWAYS 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
2018 1 AUG	£168,000	£281,012	40% below HPI
2013 22 JAN	£110,000	£192,786	43% below HPI
2002 24 JUN	£79,950	£102,875	22% below HPI
1996 30 AUG	£53,950	£69,977	23% below HPI
1995 14 DEC	£53,000	£67,456	21% below HPI

16 THE GATEWAYS 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 five 16 THE GATEWAYS sales between December 1995 and August 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 January 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 THE GATEWAYS?

16 THE GATEWAYS is 82m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Pendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Pendlebury, and where 16 THE GATEWAYS lies on this distribution: 17% of detached houses are smaller than 16 THE GATEWAYS, and 82% of houses are larger. Note that EPC data is not available for all properties in Pendlebury.

16 THE GATEWAYS: Plot and Title Map

16 THE GATEWAYS sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 16 THE GATEWAYS, 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 16 THE GATEWAYS). 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 16 THE GATEWAYS?

16 THE GATEWAYS is located in PENDLEBURY, in the M27 postcode district. The below map shows the position of No. 16 on THE GATEWAYS.