8, THE CHADDOCK LEVEL, WORSLEY, MANCHESTER, M28 1UW - £249,950

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 THE CHADDOCK LEVEL is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £595,892. It was last sold for £249,950 in May 2012, which was around 33% above the average May 2012 detached price in the Salford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

8 THE CHADDOCK LEVEL Sold Prices

Land registry data shows five sales for 8 THE CHADDOCK LEVEL 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 8 THE CHADDOCK LEVEL 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
2012 24 MAY	£249,950	£187,636	33% above HPI
2007 1 MAR	£249,995	£207,243	21% above HPI
2001 2 MAR	£144,950	£86,703	67% above HPI
1999 25 NOV	£122,000	£78,376	56% above HPI
1996 1 NOV	£102,450	£70,404	46% above HPI

8 THE CHADDOCK LEVEL 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 8 THE CHADDOCK LEVEL sales between November 1996 and May 2012 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 March 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2012 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 8 THE CHADDOCK LEVEL be worth now?

8 THE CHADDOCK LEVEL might now be worth an estimated £595,892.

This is based on house price inflation of 138.4%, between May 2012 and May 2026, 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 138.4% inflationary increase is applied to the most recent sale price for 8 THE CHADDOCK LEVEL of £249,950 on 24th May 2012. For the value to have increased from £249,950 to £595,892 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 8 THE CHADDOCK LEVEL has moved in line with the HPI for detached houses in the Salford local authority area.
• The May 2012 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CHADDOCK LEVEL has not materially changed since May 2012.

How Large is 8 THE CHADDOCK LEVEL?

8 THE CHADDOCK LEVEL is 108m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worsley, and where 8 THE CHADDOCK LEVEL lies on this distribution: 31% of detached houses houses are smaller than 8 THE CHADDOCK LEVEL, and 68% of houses are larger. Note that EPC data is not available for all properties in Worsley.

8 THE CHADDOCK LEVEL: Plot and Title Map

8 THE CHADDOCK LEVEL sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 8 THE CHADDOCK LEVEL, 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 THE CHADDOCK LEVEL). 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 THE CHADDOCK LEVEL?

8 THE CHADDOCK LEVEL is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 8 on THE CHADDOCK LEVEL.