57, BROOM LANE, SALFORD, M7 4FF - £450,000

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

57 BROOM LANE is a large detached house of 149m², built sometime between 1983 and 1990. It was last sold for £450,000 in June 2006, which was around 127% above the average June 2006 detached price in the Salford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

57 BROOM LANE Sold Prices

Land registry data shows two sales for 57 BROOM 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 57 BROOM 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
2006 22 JUN	£450,000	£198,506	127% above HPI
1995 8 MAR	£115,000	£69,810	65% above HPI

57 BROOM 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 57 BROOM LANE sales from March 1995 and June 2006 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 March 1995 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2006 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.

How Large is 57 BROOM LANE?

57 BROOM LANE is 149m² according to the EPC inspection conducted in June 2015. This puts it in the largest 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 57 BROOM LANE lies on this distribution: 72% of detached houses are smaller than 57 BROOM LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Salford.

57 BROOM LANE: Plot and Title Map

57 BROOM LANE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 57 BROOM 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 57 BROOM 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 57 BROOM LANE?

57 BROOM LANE is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 57 on BROOM LANE.