55, RIDINGFOLD LANE, WORSLEY, MANCHESTER, M28 2UR - £225,000

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

55 RIDINGFOLD LANE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £225,000 in October 2012, which was around 19% above the average October 2012 detached price in the Salford local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

55 RIDINGFOLD LANE Sold Prices

Land registry data shows two sales for 55 RIDINGFOLD 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 Salford local authority area for the corresponding sale date. Both of the two 55 RIDINGFOLD 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
2012 18 OCT	£225,000	£188,505	19% above HPI
1998 20 JUL	£115,000	£75,665	52% above HPI

55 RIDINGFOLD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 55 RIDINGFOLD LANE sales from July 1998 and October 2012 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 July 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2012 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 55 RIDINGFOLD LANE?

55 RIDINGFOLD LANE is 75m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses by size in Worsley, and where 55 RIDINGFOLD LANE lies on this distribution: 5% of detached houses are smaller than 55 RIDINGFOLD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Worsley.

55 RIDINGFOLD LANE: Plot and Title Map

55 RIDINGFOLD LANE sits on a plot of roughly 4.1 acres, or 16,702m². The below map shows the location of 55 RIDINGFOLD 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 55 RIDINGFOLD 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 55 RIDINGFOLD LANE?

55 RIDINGFOLD LANE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 55 on RIDINGFOLD LANE.