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
40C EDGE LANE is a large extended detached house of 153m², built sometime between 1900 and 1929. It was last sold for £820,000 in December 2022, which was around 87% above the average December 2022 detached price in the Manchester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 40C EDGE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. All of the four 40C 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 |
---|---|---|---|
2022 8 DEC | £820,000 | £439,166 | 87% above HPI |
2012 18 DEC | £400,000 | £201,094 | 99% above HPI |
2003 30 JUN | £250,000 | £113,864 | 120% above HPI |
1999 14 JAN | £93,000 | £71,611 | 30% above HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The four 40C EDGE LANE sales between January 1999 and December 2022 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 2012 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the December 2022 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.
40C EDGE LANE is 153m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 40C EDGE LANE lies on this distribution: 77% of detached houses are smaller than 40C EDGE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Manchester.
40C EDGE LANE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 40C 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 40C 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.
40C EDGE LANE is located in MANCHESTER, in the M21 postcode district. The below map shows the position of No. 40C on EDGE LANE.