52, SCHOLES LANE, PRESTWICH, MANCHESTER, M25 0AY - £353,000

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

52 SCHOLES LANE is a midsized extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £353,000 in March 2018, which was around 29% above the average March 2018 detached price in the Bury local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

52 SCHOLES LANE Sold Prices

Land registry data shows five sales for 52 SCHOLES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the five 52 SCHOLES 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
2018 22 MAR	£353,000	£272,720	29% above HPI
2004 7 MAY	£204,500	£181,856	12% above HPI
2003 3 OCT	£159,000	£167,965	5% below HPI
2003 4 AUG	£130,000	£164,802	21% below HPI
2001 17 SEP	£84,000	£113,290	26% below HPI

52 SCHOLES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The five 52 SCHOLES LANE sales between September 2001 and March 2018 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 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 52 SCHOLES LANE?

52 SCHOLES LANE is 120m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 52 SCHOLES LANE lies on this distribution: 42% of detached houses are smaller than 52 SCHOLES LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

52 SCHOLES LANE: Plot and Title Map

52 SCHOLES LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 52 SCHOLES 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 52 SCHOLES 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 52 SCHOLES LANE?

52 SCHOLES LANE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 52 on SCHOLES LANE.