3, MATISSE WAY, SALFORD, M7 3BA - £145,000

3 MATISSE WAY is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £145,000 in May 2008, which was around 31% below the average May 2008 detached price in the Salford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

3 MATISSE WAY Sold Prices

Land registry data shows three sales for 3 MATISSE 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. Two of the three 3 MATISSE WAY sales were for below the average price, whilst one was for above 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
2008 30 MAY	£145,000	£210,543	31% below HPI
2006 10 MAY	£162,000	£196,738	18% below HPI
2002 8 FEB	£98,000	£94,452	4% above HPI

3 MATISSE 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 3 MATISSE WAY sales between February 2002 and May 2008 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 May 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2008 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 MATISSE WAY?

3 MATISSE WAY is 72m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 3 MATISSE WAY lies on this distribution: 8% of detached houses are smaller than 3 MATISSE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Salford.

3 MATISSE WAY: Plot and Title Map

3 MATISSE WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 3 MATISSE 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 3 MATISSE 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 3 MATISSE WAY?

3 MATISSE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 3 on MATISSE WAY.