32, SCHOLES LANE, PRESTWICH, MANCHESTER, M25 0BA - £330,000

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.

32 SCHOLES LANE is a small extended detached house of 99m², built sometime before 1900, which could now be worth an estimated £439,581. It was last sold for £330,000 in March 2020, which was around 13% above the average March 2020 detached price in the Bury local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

32 SCHOLES LANE Sold Prices

Land registry data shows three sales for 32 SCHOLES 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 Bury local authority area for the corresponding sale date. All of the three 32 SCHOLES 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
2020 5 MAR	£330,000	£292,940	13% above HPI
2017 31 MAY	£290,000	£256,124	13% above HPI
2003 26 JUL	£170,000	£154,222	10% above HPI

32 SCHOLES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 32 SCHOLES LANE sales between July 2003 and March 2020 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 May 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2020 sale, which was also at 13% above the HPI.

What might 32 SCHOLES LANE be worth now?

32 SCHOLES LANE might now be worth an estimated £439,581.

This is based on house price inflation of 33.2%, between March 2020 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for 32 SCHOLES LANE of £330,000 on 5th March 2020. For the value to have increased from £330,000 to £439,581 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 32 SCHOLES LANE has moved in line with the HPI for detached houses in the Bury local authority area.
• The March 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SCHOLES LANE has not materially changed since March 2020.

How Large is 32 SCHOLES LANE?

32 SCHOLES LANE is 99m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 32 SCHOLES LANE lies on this distribution: 21% of detached houses houses are smaller than 32 SCHOLES LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

32 SCHOLES LANE: Plot and Title Map

32 SCHOLES LANE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 32 SCHOLES 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 32 SCHOLES 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 32 SCHOLES LANE?

32 SCHOLES LANE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 32 on SCHOLES LANE.