24, FERNLEA, HALE, ALTRINCHAM, WA15 9LH - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 FERNLEA is a large extended detached house of 254m², built sometime between 1950 and 1966, which could now be worth an estimated £1,102,166. It was last sold for £550,000 in May 2010, which was around 45% above the average May 2010 detached price in the Trafford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

24 FERNLEA Sold Prices

Land registry data shows three sales for 24 FERNLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 24 FERNLEA 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
2010 5 MAY	£550,000	£379,189	45% above HPI
2003 27 MAR	£335,000	£245,313	37% above HPI
1996 14 MAR	£143,000	£111,728	28% above HPI

24 FERNLEA 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 three 24 FERNLEA sales between March 1996 and May 2010 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 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2010 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 24 FERNLEA be worth now?

24 FERNLEA might now be worth an estimated £1,102,166.

This is based on house price inflation of 100.4%, between May 2010 and December 2024, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.4% inflationary increase is applied to the most recent sale price for 24 FERNLEA of £550,000 on 5th May 2010. For the value to have increased from £550,000 to £1,102,166 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 24 FERNLEA has moved in line with the HPI for detached houses in the Trafford local authority area.
• The May 2010 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FERNLEA has not materially changed since May 2010.

How Large is 24 FERNLEA?

24 FERNLEA is 254m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses houses in Hale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hale, and where 24 FERNLEA lies on this distribution: 73% of detached houses houses are smaller than 24 FERNLEA, and 27% of houses are larger. Note that EPC data is not available for all properties in Hale.

24 FERNLEA: Plot and Title Map

24 FERNLEA sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 24 FERNLEA, 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 24 FERNLEA). 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 24 FERNLEA?

24 FERNLEA is located in HALE, in the WA15 postcode district. The below map shows the position of No. 24 on FERNLEA.