40, POLE LANE, FAILSWORTH, MANCHESTER, M35 9PB - £137,000

40 POLE LANE is a very large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £137,000 in April 2004, which was around 5% above the average April 2004 detached price in the Oldham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

40 POLE LANE Sold Prices

Land registry data shows three sales for 40 POLE 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 Oldham local authority area for the corresponding sale date. Two of the three 40 POLE LANE sales were for above the average price, whilst one was 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
2004 16 APR	£137,000	£129,914	5% above HPI
2000 20 DEC	£86,250	£83,475	3% above HPI
1997 7 NOV	£28,000	£74,796	63% below HPI

40 POLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 40 POLE LANE sales between November 1997 and April 2004 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 December 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2004 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 40 POLE LANE?

40 POLE LANE is 136m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 40 POLE LANE lies on this distribution: 89% of detached houses are smaller than 40 POLE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

40 POLE LANE: Plot and Title Map

40 POLE LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 40 POLE 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 40 POLE 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 40 POLE LANE?

40 POLE LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 40 on POLE LANE.