59, PLATT LANE, MANCHESTER, M14 5NF - £230,000

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

59 PLATT LANE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £230,000 in February 2023, which was around 46% below the average February 2023 detached price in the Manchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

59 PLATT LANE Sold Prices

Land registry data shows two sales for 59 PLATT 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 Manchester local authority area for the corresponding sale date. Both of the two 59 PLATT LANE 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
2023 24 FEB	£230,000	£426,461	46% below HPI
2008 3 SEP	£150,000	£211,222	29% below HPI

59 PLATT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 59 PLATT LANE sales from September 2008 and February 2023 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 September 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 59 PLATT LANE?

59 PLATT LANE is 99m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 59 PLATT LANE lies on this distribution: 37% of detached houses are smaller than 59 PLATT LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Manchester.

59 PLATT LANE: Plot and Title Map

59 PLATT LANE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 59 PLATT 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 59 PLATT 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 59 PLATT LANE?

59 PLATT LANE is located in MANCHESTER, in the M14 postcode district. The below map shows the position of No. 59 on PLATT LANE.