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
54 HIGHCLOVE LANE is a midsized extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £400,000 in September 2023, which was around 4% below the average September 2023 detached price in the Salford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 54 HIGHCLOVE LANE since 1st 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. One of the two 54 HIGHCLOVE LANE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2023 15 SEP | £400,000 | £418,535 | 4% below HPI |
1998 14 AUG | £128,250 | £75,431 | 70% above HPI |
The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 54 HIGHCLOVE LANE sales from August 1998 and September 2023 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 August 1998 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
54 HIGHCLOVE LANE is 125m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses by size in Worsley, and where 54 HIGHCLOVE LANE lies on this distribution: 47% of detached houses are smaller than 54 HIGHCLOVE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Worsley.
54 HIGHCLOVE LANE sits on a plot of roughly 6.0 acres, or 24,480m². The below map shows the location of 54 HIGHCLOVE 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 54 HIGHCLOVE 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.
54 HIGHCLOVE LANE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 54 on HIGHCLOVE LANE.