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
2A RUTLAND LANE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £425,000 in March 2023, which was around 37% below the average March 2023 detached price in the Trafford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2A RUTLAND LANE since 1st 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 2A RUTLAND 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 |
---|---|---|---|
2023 31 MAR | £425,000 | £669,502 | 37% below HPI |
2005 9 SEP | £215,000 | £310,848 | 31% below HPI |
1999 15 OCT | £86,000 | £144,787 | 41% below HPI |
The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 2A RUTLAND LANE sales between October 1999 and March 2023 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 September 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
2A RUTLAND LANE is 80m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 2A RUTLAND LANE lies on this distribution: 6% of detached houses are smaller than 2A RUTLAND LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sale.
2A RUTLAND LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2A RUTLAND 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 RUTLAND 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.
2A RUTLAND LANE is located in SALE, in the M33 postcode district. The below map shows the position of No. 2A on RUTLAND LANE.