9, THREADMILL LANE, SWINTON, MANCHESTER, M27 9LJ - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 THREADMILL LANE is a very small extended detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £313,730. It was last sold for £295,000 in April 2023, which was around 28% below the average April 2023 detached price in the Salford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

9 THREADMILL LANE Sold Prices

Land registry data shows three sales for 9 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 9 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 28 APR	£295,000	£406,911	28% below HPI
2005 22 JUL	£160,000	£189,025	15% below HPI
2003 28 NOV	£126,950	£146,633	13% below HPI

9 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 9 THREADMILL LANE sales between November 2003 and April 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 July 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 9 THREADMILL LANE be worth now?

9 THREADMILL LANE might now be worth an estimated £313,730.

This is based on house price inflation of 6.3%, between April 2023 and February 2025, for detached houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.3% inflationary increase is applied to the most recent sale price for 9 THREADMILL LANE of £295,000 on 28th April 2023. For the value to have increased from £295,000 to £313,730 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 9 THREADMILL LANE has moved in line with the HPI for detached houses in the Salford local authority area.
• The April 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THREADMILL LANE has not materially changed since April 2023.

How Large is 9 THREADMILL LANE?

9 THREADMILL LANE is 78m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinton, and where 9 THREADMILL LANE lies on this distribution: 9% of detached houses houses are smaller than 9 THREADMILL LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Swinton.

9 THREADMILL LANE: Plot and Title Map

9 THREADMILL LANE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 9 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 9 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 9 THREADMILL LANE?

9 THREADMILL LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 9 on THREADMILL LANE.