15, LORNA WAY, IRLAM, MANCHESTER, M44 6GJ - £285,000

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

15 LORNA WAY is a very large detached house of 208m², built sometime between 2003 and 2006. It was last sold for £285,000 in June 2013, which was around 50% above the average June 2013 detached price in the Salford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

15 LORNA WAY Sold Prices

Land registry data shows two sales for 15 LORNA WAY 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 15 LORNA WAY 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
2013 28 JUN	£285,000	£189,687	50% above HPI
2006 15 DEC	£335,250	£208,749	61% above HPI

15 LORNA WAY 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 15 LORNA WAY sales from December 2006 and June 2013 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 2006 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2013 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 15 LORNA WAY?

15 LORNA WAY is 208m² according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 15 LORNA WAY lies on this distribution: 98% of detached houses are smaller than 15 LORNA WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Irlam.

15 LORNA WAY: Plot and Title Map

15 LORNA WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 15 LORNA WAY, 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 15 LORNA WAY). 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 15 LORNA WAY?

15 LORNA WAY is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 15 on LORNA WAY.