494, EDGE LANE, DROYLSDEN, MANCHESTER, M43 6JW - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

494 EDGE LANE is a midsized extended terraced house of 105m², built sometime before 1900, which could now be worth an estimated £207,251. It was last sold for £190,000 in June 2022, which was around 17% above the average June 2022 terraced price in the Tameside local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

494 EDGE LANE Sold Prices

Land registry data shows two sales for 494 EDGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tameside local authority area for the corresponding sale date. Both of the two 494 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 6 JUN	£190,000	£162,476	17% above HPI
2008 25 SEP	£122,500	£102,408	20% above HPI

494 EDGE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tameside local authority area over time, sourced from the HPI. The two 494 EDGE LANE sales from September 2008 and June 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 September 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 494 EDGE LANE be worth now?

494 EDGE LANE might now be worth an estimated £207,251.

This is based on house price inflation of 9.1%, between June 2022 and June 2025, for terraced houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 494 EDGE LANE of £190,000 on 6th June 2022. For the value to have increased from £190,000 to £207,251 over the three years to June 2025, the following assumptions must hold true:

• The value of 494 EDGE LANE has moved in line with the HPI for terraced houses in the Tameside local authority area.
• The June 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 494 EDGE LANE has not materially changed since June 2022.

How Large is 494 EDGE LANE?

494 EDGE LANE is 105m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of terraced houses houses in Droylsden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Droylsden, and where 494 EDGE LANE lies on this distribution: 58% of terraced houses houses are smaller than 494 EDGE LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Droylsden.

494 EDGE LANE: Plot and Title Map

494 EDGE LANE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 494 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 494 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.

Where is 494 EDGE LANE?

494 EDGE LANE is located in DROYLSDEN, in the M43 postcode district. The below map shows the position of No. 494 on EDGE LANE.