16, LUMBER LANE, WORSLEY, MANCHESTER, M28 2QH - £370,000

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

16 LUMBER LANE is a large extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £370,000 in January 2013, which was around 92% above the average January 2013 detached price in the Salford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

16 LUMBER LANE Sold Prices

Land registry data shows three sales for 16 LUMBER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 16 LUMBER LANE 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 31 JAN	£370,000	£192,786	92% above HPI
2003 21 MAR	£235,000	£119,281	97% above HPI
1998 6 APR	£95,000	£76,002	25% above HPI

16 LUMBER 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 three 16 LUMBER LANE sales between April 1998 and January 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 March 2003 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2013 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 16 LUMBER LANE?

16 LUMBER LANE is 143m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses by size in Worsley, and where 16 LUMBER LANE lies on this distribution: 63% of detached houses are smaller than 16 LUMBER LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Worsley.

16 LUMBER LANE: Plot and Title Map

16 LUMBER LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 16 LUMBER 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 16 LUMBER 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 16 LUMBER LANE?

16 LUMBER LANE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 16 on LUMBER LANE.