Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38A EDGE LANE is a very large extended detached house of 282m², built sometime between 1930 and 1949. It was last sold for £940,000 in July 2017, which was around 230% above the average July 2017 detached price in the Manchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 38A EDGE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 38A EDGE 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 |
---|---|---|---|
2017 7 JUL | £940,000 | £284,605 | 230% above HPI |
2007 16 MAY | £405,000 | £211,956 | 91% above HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 38A EDGE LANE sales from May 2007 and July 2017 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 2007 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2017 sale, where it rises to 230% above the HPI. The line then continues to track at 230% above the HPI.
38A EDGE LANE is 282m², which includes four extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 38A EDGE LANE lies on this distribution: 96% of detached houses are smaller than 38A EDGE LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Manchester.
38A EDGE LANE sits on a plot of roughly 0.219 of an acre, or 885m². The below map shows the location of 38A EDGE 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 38A EDGE 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.
38A EDGE LANE is located in MANCHESTER, in the M21 postcode district. The below map shows the position of No. 38A on EDGE LANE.