2, FAIRY LANE, MANCHESTER, M8 8YE - £105,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 FAIRY LANE is a very small semi-detached house of 81m², built sometime between 2003 and 2006. It was last sold for £105,000 in October 2008, which was around 49% below the average October 2008 detached price in the Manchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 FAIRY LANE Sold Prices

Land registry data shows two sales for 2 FAIRY 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 Manchester local authority area for the corresponding sale date. Both of the two 2 FAIRY 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
2008 31 OCT	£105,000	£206,994	49% below HPI
2004 18 FEB	£86,995	£134,725	35% below HPI

2 FAIRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 2 FAIRY LANE sales from February 2004 and October 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 February 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2008 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 FAIRY LANE?

2 FAIRY LANE is 81m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 2 FAIRY LANE lies on this distribution: 18% of detached houses are smaller than 2 FAIRY LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 FAIRY LANE: Plot and Title Map

2 FAIRY LANE sits on a plot of roughly 0.448 of an acre, or 1,812m². The below map shows the location of 2 FAIRY 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 FAIRY 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 FAIRY LANE?

2 FAIRY LANE is located in MANCHESTER, in the M8 postcode district. The below map shows the position of No. 2 on FAIRY LANE.