16, RAKE LANE, CLIFTON, MANCHESTER, M27 8FZ - £265,000

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 RAKE LANE is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £265,000 in March 2021, which was around 27% below the average March 2021 detached price in the Salford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was D.

16 RAKE LANE Sold Prices

Land registry data shows four sales for 16 RAKE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the four 16 RAKE 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
2021 26 MAR	£265,000	£364,425	27% below HPI
2012 3 FEB	£106,500	£189,825	44% below HPI
2002 3 MAY	£95,000	£101,286	6% below HPI
1999 13 AUG	£75,000	£79,902	6% below HPI

16 RAKE 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 four 16 RAKE LANE sales between August 1999 and March 2021 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 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 RAKE LANE?

16 RAKE LANE is 104m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 16 RAKE LANE lies on this distribution: 50% of detached houses are smaller than 16 RAKE LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Clifton.

16 RAKE LANE: Plot and Title Map

16 RAKE LANE sits on a plot of roughly 5.4 acres, or 21,805m². The below map shows the location of 16 RAKE 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 RAKE 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 RAKE LANE?

16 RAKE LANE is located in CLIFTON, in the M27 postcode district. The below map shows the position of No. 16 on RAKE LANE.