40, THREADMILL LANE, SWINTON, MANCHESTER, M27 9LJ - £187,000

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

40 THREADMILL LANE is a very small extended detached house of 89m², built sometime between 2003 and 2006. It was last sold for £187,000 in July 2016, which was around 26% below the average July 2016 detached price in the Salford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

40 THREADMILL LANE Sold Prices

Land registry data shows two sales for 40 THREADMILL 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 Salford local authority area for the corresponding sale date. Both of the two 40 THREADMILL 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
2016 22 JUL	£187,000	£251,596	26% below HPI
2005 26 MAY	£176,500	£196,557	10% below HPI

40 THREADMILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 40 THREADMILL LANE sales from May 2005 and July 2016 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 THREADMILL LANE?

40 THREADMILL LANE is 89m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses by size in Swinton, and where 40 THREADMILL LANE lies on this distribution: 18% of detached houses are smaller than 40 THREADMILL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Swinton.

40 THREADMILL LANE: Plot and Title Map

40 THREADMILL LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 40 THREADMILL 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 THREADMILL 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 THREADMILL LANE?

40 THREADMILL LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 40 on THREADMILL LANE.