6, THREADMILL LANE, SWINTON, MANCHESTER, M27 9LJ - £290,000

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

6 THREADMILL LANE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £290,000 in July 2023, which was around 30% below the average July 2023 detached price in the Salford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

6 THREADMILL LANE Sold Prices

Land registry data shows three sales for 6 THREADMILL LANE 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 6 THREADMILL 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 27 JUL	£290,000	£411,377	30% below HPI
2004 1 NOV	£163,000	£187,725	13% below HPI
2003 26 JUN	£96,950	£131,854	26% below HPI

6 THREADMILL 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 three 6 THREADMILL LANE sales between June 2003 and July 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 November 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 THREADMILL LANE?

6 THREADMILL LANE is 74m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses by size in Swinton, and where 6 THREADMILL LANE lies on this distribution: 7% of detached houses are smaller than 6 THREADMILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Swinton.

6 THREADMILL LANE: Plot and Title Map

6 THREADMILL LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 6 THREADMILL 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 6 THREADMILL 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 6 THREADMILL LANE?

6 THREADMILL LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 6 on THREADMILL LANE.