2, CHERRY LANE, SALE, M33 4UP - £250,000

2 CHERRY LANE is a midsized detached house of 124m², built sometime between 1996 and 2002. It was last sold for £250,000 in December 2008, which was around 20% below the average December 2008 detached price in the Trafford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

2 CHERRY LANE Sold Prices

Land registry data shows four sales for 2 CHERRY 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 Trafford local authority area for the corresponding sale date. two of the four 2 CHERRY LANE sales were for below the average price, and four 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
2008 12 DEC	£250,000	£311,680	20% below HPI
2007 21 DEC	£315,000	£353,294	11% below HPI
2003 31 JAN	£237,000	£221,983	7% above HPI
1999 7 MAY	£151,950	£133,208	14% above HPI

2 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The four 2 CHERRY LANE sales between May 1999 and December 2008 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2008 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CHERRY LANE?

2 CHERRY LANE is 124m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 2 CHERRY LANE lies on this distribution: 48% of detached houses are smaller than 2 CHERRY LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Sale.

2 CHERRY LANE: Plot and Title Map

2 CHERRY LANE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 2 CHERRY 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 2 CHERRY 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 2 CHERRY LANE?

2 CHERRY LANE is located in SALE, in the M33 postcode district. The below map shows the position of No. 2 on CHERRY LANE.