54, HIGHER LANE, WHITEFIELD, MANCHESTER, M45 7WE - £500,000

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

54 HIGHER LANE is a very large detached house of 264m², built sometime before 1900. It was last sold for £500,000 in November 2007, which was around 106% above the average November 2007 detached price in the Bury local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was D.

54 HIGHER LANE Sold Prices

Land registry data shows three sales for 54 HIGHER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 54 HIGHER 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
2007 23 NOV	£500,000	£243,217	106% above HPI
2006 11 MAY	£499,000	£226,430	120% above HPI
1995 15 AUG	£150,000	£76,100	97% above HPI

54 HIGHER 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 three 54 HIGHER LANE sales between August 1995 and November 2007 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 2006 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the November 2007 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 54 HIGHER LANE?

54 HIGHER LANE is 264m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 54 HIGHER LANE lies on this distribution: 94% of detached houses are smaller than 54 HIGHER LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

54 HIGHER LANE: Plot and Title Map

54 HIGHER LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 54 HIGHER 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 HIGHER 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 54 HIGHER LANE?

54 HIGHER LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 54 on HIGHER LANE.