14, NEW LANE, ECCLES, MANCHESTER, M30 8PL - £88,500

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.

14 NEW LANE is a very small terraced house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £268,198. It was last sold for £88,500 in June 2004, which was around 19% above the average June 2004 terraced price in the Salford local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

14 NEW LANE Sold Prices

Land registry data shows three sales for 14 NEW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Salford local authority area for the corresponding sale date. Two of the three 14 NEW LANE sales were for above the average price, whilst one was 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
2004 4 JUN	£88,500	£74,351	19% above HPI
2003 25 JUL	£53,000	£58,785	10% below HPI
1995 12 SEP	£34,500	£30,784	12% above HPI

14 NEW LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Salford local authority area over time, sourced from the HPI. The three 14 NEW LANE sales between September 1995 and June 2004 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2004 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 14 NEW LANE be worth now?

14 NEW LANE might now be worth an estimated £268,198.

This is based on house price inflation of 203%, between June 2004 and May 2026, for terraced 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 203% inflationary increase is applied to the most recent sale price for 14 NEW LANE of £88,500 on 4th June 2004. For the value to have increased from £88,500 to £268,198 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 14 NEW LANE has moved in line with the HPI for terraced houses in the Salford local authority area.
• The June 2004 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 14 NEW LANE has not materially changed since June 2004.

How Large is 14 NEW LANE?

14 NEW LANE is 66m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of terraced houses houses in Eccles, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eccles, and where 14 NEW LANE lies on this distribution: 3% of terraced houses houses are smaller than 14 NEW LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Eccles.

14 NEW LANE: Plot and Title Map

14 NEW LANE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 14 NEW 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 14 NEW 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 14 NEW LANE?

14 NEW LANE is located in ECCLES, in the M30 postcode district. The below map shows the position of No. 14 on NEW LANE.