54A, PADDOCK LANE, FAILSWORTH, MANCHESTER, M35 0NY - £247,000

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

54A PADDOCK LANE is a very large detached house of 155m², built sometime between 1983 and 1990. It was last sold for £247,000 in August 2016, which was around 18% above the average August 2016 detached price in the Oldham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

54A PADDOCK LANE Sold Prices

Land registry data shows two sales for 54A PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Both of the two 54A PADDOCK 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
2016 5 AUG	£247,000	£210,178	18% above HPI
2007 21 MAY	£249,950	£202,889	23% above HPI

54A PADDOCK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 54A PADDOCK LANE sales from May 2007 and August 2016 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 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 54A PADDOCK LANE?

54A PADDOCK LANE is 155m² according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 54A PADDOCK LANE lies on this distribution: 94% of detached houses are smaller than 54A PADDOCK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

54A PADDOCK LANE: Plot and Title Map

54A PADDOCK LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 54A PADDOCK 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 54A PADDOCK 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 54A PADDOCK LANE?

54A PADDOCK LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 54A on PADDOCK LANE.