4, CHERRY LANE, SALE, M33 4UP - £375,000

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

4 CHERRY LANE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2021, which was around 36% below the average March 2021 detached price in the Trafford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

4 CHERRY LANE Sold Prices

Land registry data shows two sales for 4 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 4 CHERRY 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
2021 12 MAR	£375,000	£586,951	36% below HPI
1999 26 MAR	£113,950	£128,276	11% below HPI

4 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The two 4 CHERRY LANE sales from March 1999 and March 2021 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 March 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 4 CHERRY LANE?

4 CHERRY LANE is 97m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Sale, based on EPC data. The below chart shows the distribution of detached houses by size in Sale, and where 4 CHERRY LANE lies on this distribution: 23% of detached houses are smaller than 4 CHERRY LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Sale.

4 CHERRY LANE: Plot and Title Map

4 CHERRY LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 CHERRY 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 4 CHERRY 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 4 CHERRY LANE?

4 CHERRY LANE is located in SALE, in the M33 postcode district. The below map shows the position of No. 4 on CHERRY LANE.