74, SMEDLEY LANE, MANCHESTER, M8 8XD - £61,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

74 SMEDLEY LANE is a small extended detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £241,674. It was last sold for £61,000 in June 2003, which was around 47% below the average June 2003 detached price in the Manchester local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

74 SMEDLEY LANE Sold Prices

Land registry data shows three sales for 74 SMEDLEY 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 Manchester local authority area for the corresponding sale date. All of the three 74 SMEDLEY 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
2003 10 JUN	£61,000	£115,077	47% below HPI
1996 16 OCT	£47,000	£61,878	24% below HPI
1996 7 MAY	£13,800	£58,550	76% below HPI

74 SMEDLEY 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 three 74 SMEDLEY LANE sales between May 1996 and June 2003 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 October 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2003 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 74 SMEDLEY LANE be worth now?

74 SMEDLEY LANE might now be worth an estimated £241,674.

This is based on house price inflation of 296.2%, between June 2003 and December 2024, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 296.2% inflationary increase is applied to the most recent sale price for 74 SMEDLEY LANE of £61,000 on 10th June 2003. For the value to have increased from £61,000 to £241,674 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 74 SMEDLEY LANE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The June 2003 sale price of £61,000 represented a fair market value for the property.
• The size, condition, and specification of 74 SMEDLEY LANE has not materially changed since June 2003.

How Large is 74 SMEDLEY LANE?

74 SMEDLEY LANE is 85m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 74 SMEDLEY LANE lies on this distribution: 22% of detached houses houses are smaller than 74 SMEDLEY LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Manchester.

74 SMEDLEY LANE: Plot and Title Map

74 SMEDLEY LANE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 74 SMEDLEY 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 74 SMEDLEY 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 74 SMEDLEY LANE?

74 SMEDLEY LANE is located in MANCHESTER, in the M8 postcode district. The below map shows the position of No. 74 on SMEDLEY LANE.