23, SPRINGFIELD LANE, IRLAM, MANCHESTER, M44 6NB - £390,000

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

23 SPRINGFIELD LANE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £390,000 in October 2021, which was around 1% below the average October 2021 detached price in the Salford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

23 SPRINGFIELD LANE Sold Prices

Land registry data shows three sales for 23 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 23 SPRINGFIELD 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 29 OCT	£390,000	£392,141	1% below HPI
2020 11 MAR	£220,000	£307,475	28% below HPI
2019 12 DEC	£165,000	£301,847	45% below HPI

23 SPRINGFIELD 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 three 23 SPRINGFIELD LANE sales between December 2019 and October 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 March 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 23 SPRINGFIELD LANE?

23 SPRINGFIELD LANE is 106m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 23 SPRINGFIELD LANE lies on this distribution: 54% of detached houses are smaller than 23 SPRINGFIELD LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Irlam.

23 SPRINGFIELD LANE: Plot and Title Map

23 SPRINGFIELD LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 23 SPRINGFIELD 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 23 SPRINGFIELD 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 23 SPRINGFIELD LANE?

23 SPRINGFIELD LANE is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 23 on SPRINGFIELD LANE.