122, PEEL LANE, LITTLE HULTON, MANCHESTER, M38 0FD - £325,000

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.

122 PEEL LANE is a large detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £459,909. It was last sold for £325,000 in March 2019, which was around 10% above the average March 2019 detached price in the Salford local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

122 PEEL LANE Sold Prices

Land registry data shows two sales for 122 PEEL 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. One of the two 122 PEEL LANE sales was for above the average price, whilst the other was 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
2019 11 MAR	£325,000	£295,531	10% above HPI
2012 17 DEC	£140,000	£190,611	27% below HPI

122 PEEL 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 122 PEEL LANE sales from December 2012 and March 2019 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 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 122 PEEL LANE be worth now?

122 PEEL LANE might now be worth an estimated £459,909.

This is based on house price inflation of 41.5%, between March 2019 and March 2025, 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 41.5% inflationary increase is applied to the most recent sale price for 122 PEEL LANE of £325,000 on 11th March 2019. For the value to have increased from £325,000 to £459,909 over the six years to March 2025, the following assumptions must hold true:

• The value of 122 PEEL LANE has moved in line with the HPI for detached houses in the Salford local authority area.
• The March 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 122 PEEL LANE has not materially changed since March 2019.

How Large is 122 PEEL LANE?

122 PEEL LANE is 130m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses houses in Little Hulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Hulton, and where 122 PEEL LANE lies on this distribution: 80% of detached houses houses are smaller than 122 PEEL LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

122 PEEL LANE: Plot and Title Map

122 PEEL LANE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 122 PEEL 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 122 PEEL 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 122 PEEL LANE?

122 PEEL LANE is located in LITTLE HULTON, in the M38 postcode district. The below map shows the position of No. 122 on PEEL LANE.