198, FOLLY LANE, SWINTON, MANCHESTER, M27 0DD - £205,000

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.

198 FOLLY LANE is a very small terraced house of 72m², built sometime before 1900, which could now be worth an estimated £235,723. It was last sold for £205,000 in July 2021, which was around 12% above the average July 2021 terraced price in the Salford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

198 FOLLY LANE Sold Prices

Land registry data shows three sales for 198 FOLLY 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. All of the three 198 FOLLY LANE sales were for above 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
2021 20 JUL	£205,000	£183,762	12% above HPI
2018 26 OCT	£155,000	£138,835	12% above HPI
1999 14 MAY	£43,000	£32,514	32% above HPI

198 FOLLY 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 198 FOLLY LANE sales between May 1999 and July 2021 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 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2021 sale, which was also at 12% above the HPI.

What might 198 FOLLY LANE be worth now?

198 FOLLY LANE might now be worth an estimated £235,723.

This is based on house price inflation of 15%, between July 2021 and June 2025, 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 15% inflationary increase is applied to the most recent sale price for 198 FOLLY LANE of £205,000 on 20th July 2021. For the value to have increased from £205,000 to £235,723 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 198 FOLLY LANE has moved in line with the HPI for terraced houses in the Salford local authority area.
• The July 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 198 FOLLY LANE has not materially changed since July 2021.

How Large is 198 FOLLY LANE?

198 FOLLY LANE is 72m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Swinton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Swinton, and where 198 FOLLY LANE lies on this distribution: 6% of terraced houses houses are smaller than 198 FOLLY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Swinton.

198 FOLLY LANE: Plot and Title Map

198 FOLLY LANE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 198 FOLLY 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 198 FOLLY 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 198 FOLLY LANE?

198 FOLLY LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 198 on FOLLY LANE.