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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

32 SCHOLES LANE is a small extended detached house of 99m², built sometime before 1900. It was last sold for £330,000 in March 2020, which was around 9% 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	£303,962	9% above HPI
2017 31 MAY	£290,000	£265,761	9% above HPI
2003 26 JUL	£170,000	£160,025	6% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, which was also at 9% above the HPI.

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 in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 32 SCHOLES LANE lies on this distribution: 22% of detached 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.