4, MONA WAY, IRLAM, MANCHESTER, M44 6GG - £390,000

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.

4 MONA WAY is a very large detached house of 164m², built sometime between 1996 and 2002, which could now be worth an estimated £466,320. It was last sold for £390,000 in June 2021, which was around 10% above the average June 2021 detached price in the Salford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

4 MONA WAY Sold Prices

Land registry data shows two sales for 4 MONA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Both of the two 4 MONA WAY sales were 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
2021 8 JUN	£390,000	£355,119	10% above HPI
2016 10 JUN	£265,000	£244,915	8% above HPI

4 MONA 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 two 4 MONA WAY sales from June 2016 and June 2021 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 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 MONA WAY be worth now?

4 MONA WAY might now be worth an estimated £466,320.

This is based on house price inflation of 19.6%, between June 2021 and June 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 19.6% inflationary increase is applied to the most recent sale price for 4 MONA WAY of £390,000 on 8th June 2021. For the value to have increased from £390,000 to £466,320 over the four years to June 2025, the following assumptions must hold true:

• The value of 4 MONA WAY has moved in line with the HPI for detached houses in the Salford local authority area.
• The June 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONA WAY has not materially changed since June 2021.

How Large is 4 MONA WAY?

4 MONA WAY is 164m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% 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 4 MONA WAY lies on this distribution: 94% of detached houses houses are smaller than 4 MONA WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Irlam.

4 MONA WAY: Plot and Title Map

4 MONA WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 4 MONA 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 4 MONA 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 4 MONA WAY?

4 MONA WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 4 on MONA WAY.