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
53 VICTORIA LANE is a very small semi-detached house of 59m², built sometime between 2003 and 2006. It was last sold for £178,000 in July 2022, which was around 57% below the average July 2022 detached price in the Salford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 53 VICTORIA LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Salford local authority area for the corresponding sale date. All of the three 53 VICTORIA 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 |
---|---|---|---|
2022 8 JUL | £178,000 | £413,336 | 57% below HPI |
2017 17 NOV | £120,000 | £275,460 | 56% below HPI |
2005 24 MAR | £121,950 | £186,638 | 35% below HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The three 53 VICTORIA LANE sales between March 2005 and July 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 November 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2022 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.
53 VICTORIA LANE is 59m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses by size in Swinton, and where 53 VICTORIA LANE lies on this distribution: 2% of detached houses are smaller than 53 VICTORIA LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Swinton.
53 VICTORIA LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 53 VICTORIA 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 53 VICTORIA 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.
53 VICTORIA LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 53 on VICTORIA LANE.