1, PALMETTO LANE, WORSLEY, MANCHESTER, M28 7GW - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 PALMETTO LANE is a very small semi-detached house of 89m². It was last sold for £300,000 in February 2023, which was around 29% below the average February 2023 detached price in the Salford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

1 PALMETTO LANE Sold Prices

Land registry data shows two sales for 1 PALMETTO LANE 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 PALMETTO LANE 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
2023 14 FEB	£300,000	£425,480	29% below HPI
2017 26 MAY	£207,995	£265,268	22% below HPI

1 PALMETTO LANE 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 PALMETTO LANE sales from May 2017 and February 2023 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 PALMETTO LANE?

1 PALMETTO LANE is 89m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Walkden, based on EPC data. The below chart shows the distribution of detached houses by size in Walkden, and where 1 PALMETTO LANE lies on this distribution: 18% of detached houses are smaller than 1 PALMETTO LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Walkden.

1 PALMETTO LANE: Plot and Title Map

1 PALMETTO LANE sits on a plot of roughly 8.5 acres, or 34,283m². The below map shows the location of 1 PALMETTO LANE, 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 1 PALMETTO LANE). 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 1 PALMETTO LANE?

1 PALMETTO LANE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 1 on PALMETTO LANE.