Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 GRANGE LANE is a large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £720,000 in November 2017, which was around 138% above the average November 2017 detached price in the Manchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 GRANGE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. All of the three 2 GRANGE 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 |
---|---|---|---|
2017 2 NOV | £720,000 | £302,095 | 138% above HPI |
2005 14 OCT | £575,000 | £185,840 | 209% above HPI |
2001 21 MAY | £274,000 | £83,355 | 229% above HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The three 2 GRANGE LANE sales between May 2001 and November 2017 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 October 2005 sale was for 209% above the HPI. So the extrapolation line tracks at 209% above the HPI over time, until the November 2017 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.
2 GRANGE LANE is 156m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 GRANGE LANE lies on this distribution: 78% of detached houses are smaller than 2 GRANGE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Manchester.
2 GRANGE LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 GRANGE 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 GRANGE 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.
2 GRANGE LANE is located in MANCHESTER, in the M20 postcode district. The below map shows the position of No. 2 on GRANGE LANE.