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
220 RAKE LANE is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £105,000 in December 2003, which was around 30% below the average December 2003 detached price in the Salford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 220 RAKE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Both of the two 220 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 |
---|---|---|---|
2003 1 DEC | £105,000 | £149,211 | 30% below HPI |
1997 30 JUL | £35,000 | £73,866 | 53% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 220 RAKE LANE sales from July 1997 and December 2003 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 July 1997 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2003 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
220 RAKE LANE is 132m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 220 RAKE LANE lies on this distribution: 79% of detached houses are smaller than 220 RAKE LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Clifton.
220 RAKE LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 220 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 220 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.
220 RAKE LANE is located in CLIFTON, in the M27 postcode district. The below map shows the position of No. 220 on RAKE LANE.