1, THORNBANK, ECCLES, MANCHESTER, M30 9HL - £365,000

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.

1 THORNBANK is a large detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £781,639. It was last sold for £365,000 in October 2014, which was around 75% above the average October 2014 detached price in the Salford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was A.

1 THORNBANK Sold Prices

Land registry data shows two sales for 1 THORNBANK 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 1 THORNBANK 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
2014 31 OCT	£365,000	£208,890	75% above HPI
2002 18 DEC	£225,000	£121,055	86% above HPI

1 THORNBANK 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 1 THORNBANK sales from December 2002 and October 2014 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 2002 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the October 2014 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 1 THORNBANK be worth now?

1 THORNBANK might now be worth an estimated £781,639.

This is based on house price inflation of 114.1%, between October 2014 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 114.1% inflationary increase is applied to the most recent sale price for 1 THORNBANK of £365,000 on 31st October 2014. For the value to have increased from £365,000 to £781,639 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 1 THORNBANK has moved in line with the HPI for detached houses in the Salford local authority area.
• The October 2014 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THORNBANK has not materially changed since October 2014.

How Large is 1 THORNBANK?

1 THORNBANK is 137m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Eccles, based on EPC data. The below chart shows the distribution of detached houses by size in Eccles, and where 1 THORNBANK lies on this distribution: 71% of detached houses are smaller than 1 THORNBANK, and 29% of detached houses are larger. Note that EPC data is not available for all properties in Eccles.

Where is 1 THORNBANK?

1 THORNBANK is located in ECCLES, in the M30 postcode district.