56, OAKLANDS ROAD, SALFORD, M7 3GP - £330,000

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

56 OAKLANDS ROAD is a small extended detached house of 90m², built sometime between 1900 and 1929. It was last sold for £330,000 in July 2021, which was around 12% below the average July 2021 detached price in the Salford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

56 OAKLANDS ROAD Sold Prices

Land registry data shows three sales for 56 OAKLANDS ROAD since 1^st 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 56 OAKLANDS ROAD 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
2021 27 JUL	£330,000	£375,792	12% below HPI
2015 28 AUG	£118,500	£222,017	47% below HPI
1997 22 AUG	£41,500	£73,190	43% below HPI

56 OAKLANDS ROAD 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 three 56 OAKLANDS ROAD sales between August 1997 and July 2021 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 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 56 OAKLANDS ROAD?

56 OAKLANDS ROAD is 90m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 56 OAKLANDS ROAD lies on this distribution: 22% of detached houses are smaller than 56 OAKLANDS ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Salford.

56 OAKLANDS ROAD: Plot and Title Map

56 OAKLANDS ROAD sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 56 OAKLANDS ROAD, 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 56 OAKLANDS ROAD). 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 56 OAKLANDS ROAD?

56 OAKLANDS ROAD is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 56 on OAKLANDS ROAD.