120C, LORD LANE, FAILSWORTH, MANCHESTER, M35 0SH - £159,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

120C LORD LANE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £159,000 in October 2017, which was around 29% below the average October 2017 detached price in the Oldham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

120C LORD LANE Sold Prices

Land registry data shows two sales for 120C LORD 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 Oldham local authority area for the corresponding sale date. One of the two 120C LORD LANE sales was for below the average price, whilst the other was 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
2017 18 OCT	£159,000	£224,862	29% below HPI
2000 25 FEB	£78,450	£77,150	2% above HPI

120C LORD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 120C LORD LANE sales from February 2000 and October 2017 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 February 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 120C LORD LANE?

120C LORD LANE is 71m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 120C LORD LANE lies on this distribution: 8% of detached houses are smaller than 120C LORD LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

120C LORD LANE: Plot and Title Map

120C LORD LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 120C LORD 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 120C LORD 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 120C LORD LANE?

120C LORD LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 120C on LORD LANE.