268, LORD LANE, FAILSWORTH, MANCHESTER, M35 0PG - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

268 LORD LANE is a very large semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £334,080. It was last sold for £170,000 in February 2011, which was around 44% above the average February 2011 semi-detached price in the Oldham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

268 LORD LANE Sold Prices

Land registry data shows two sales for 268 LORD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. Both of the two 268 LORD 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
2011 18 FEB	£170,000	£118,115	44% above HPI
2002 19 DEC	£67,000	£62,186	8% above HPI

268 LORD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The two 268 LORD LANE sales from December 2002 and February 2011 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 December 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2011 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 268 LORD LANE be worth now?

268 LORD LANE might now be worth an estimated £334,080.

This is based on house price inflation of 96.5%, between February 2011 and February 2025, for semi-detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.5% inflationary increase is applied to the most recent sale price for 268 LORD LANE of £170,000 on 18th February 2011. For the value to have increased from £170,000 to £334,080 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 268 LORD LANE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The February 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 268 LORD LANE has not materially changed since February 2011.

How Large is 268 LORD LANE?

268 LORD LANE is 118m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of semi-detached houses houses in Failsworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Failsworth, and where 268 LORD LANE lies on this distribution: 84% of semi-detached houses houses are smaller than 268 LORD LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

268 LORD LANE: Plot and Title Map

268 LORD LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 268 LORD 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 268 LORD 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 268 LORD LANE?

268 LORD LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 268 on LORD LANE.