2A, PEEL LANE, LITTLE HULTON, MANCHESTER, M38 0BS - £110,000

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.

2A PEEL LANE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £160,598. It was last sold for £110,000 in August 2019, which was around 41% below the average August 2019 semi-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 B.

2A PEEL LANE Sold Prices

Land registry data shows four sales for 2A PEEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Salford local authority area for the corresponding sale date. All of the four 2A PEEL 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
2019 9 AUG	£110,000	£185,172	41% below HPI
2006 8 DEC	£93,000	£130,318	29% below HPI
2004 13 JUL	£75,000	£100,813	26% below HPI
1998 1 JUL	£37,000	£43,566	15% below HPI

2A PEEL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Salford local authority area over time, sourced from the HPI. The four 2A PEEL LANE sales between July 1998 and August 2019 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2A PEEL LANE be worth now?

2A PEEL LANE might now be worth an estimated £160,598.

This is based on house price inflation of 46%, between August 2019 and February 2025, for semi-detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 2A PEEL LANE of £110,000 on 9th August 2019. For the value to have increased from £110,000 to £160,598 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2A PEEL LANE has moved in line with the HPI for semi-detached houses in the Salford local authority area.
• The August 2019 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2A PEEL LANE has not materially changed since August 2019.

How Large is 2A PEEL LANE?

2A PEEL LANE is 72m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Little Hulton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Little Hulton, and where 2A PEEL LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 2A PEEL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Little Hulton.

2A PEEL LANE: Plot and Title Map

2A PEEL LANE sits on a plot of roughly 0.482 of an acre, or 1,950m². The below map shows the location of 2A PEEL 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 2A PEEL 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 2A PEEL LANE?

2A PEEL LANE is located in LITTLE HULTON, in the M38 postcode district. The below map shows the position of No. 2A on PEEL LANE.