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
7 LORNE ROAD is a very large extended detached house of 253m², built sometime between 1900 and 1929. It was last sold for £109,005 in July 2007, which was around 51% below the average July 2007 detached price in the Manchester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 LORNE ROAD since 1st 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. One of the two 7 LORNE ROAD sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2007 27 JUL | £109,005 | £224,393 | 51% below HPI |
2006 6 MAR | £192,000 | £191,423 | Close to HPI |
The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 7 LORNE ROAD sales from March 2006 and July 2007 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 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2007 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
7 LORNE ROAD is 253m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 7 LORNE ROAD lies on this distribution: 94% of detached houses are smaller than 7 LORNE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Manchester.
7 LORNE ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 7 LORNE 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 7 LORNE 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.
7 LORNE ROAD is located in MANCHESTER, in the M14 postcode district. The below map shows the position of No. 7 on LORNE ROAD.