118, NEW LANE, ECCLES, MANCHESTER, M30 7JE - £142,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

118 NEW LANE is a very small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £142,000 in March 2020, which was around 54% below the average March 2020 detached price in the Salford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

118 NEW LANE Sold Prices

Land registry data shows two sales for 118 NEW 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 118 NEW 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
2020 2 MAR	£142,000	£307,475	54% below HPI
2011 23 DEC	£75,000	£191,517	61% below HPI

118 NEW 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 118 NEW LANE sales from December 2011 and March 2020 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 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the March 2020 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 118 NEW LANE?

118 NEW LANE is 86m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Eccles, based on EPC data. The below chart shows the distribution of detached houses by size in Eccles, and where 118 NEW LANE lies on this distribution: 17% of detached houses are smaller than 118 NEW LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Eccles.

118 NEW LANE: Plot and Title Map

118 NEW LANE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 118 NEW 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 118 NEW 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 118 NEW LANE?

118 NEW LANE is located in ECCLES, in the M30 postcode district. The below map shows the position of No. 118 on NEW LANE.