2, LIGHT OAKS ROAD, SALFORD, M6 8NQ - £197,000

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.

2 LIGHT OAKS ROAD is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £267,786. It was last sold for £197,000 in November 2020, which was around 27% above the average November 2020 terraced price in the Salford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 LIGHT OAKS ROAD Sold Prices

Land registry data shows four sales for 2 LIGHT OAKS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Salford local authority area for the corresponding sale date. All of the four 2 LIGHT OAKS ROAD 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
2020 25 NOV	£197,000	£155,447	27% above HPI
2015 23 JAN	£132,000	£103,865	27% above HPI
2001 12 JAN	£46,000	£36,518	26% above HPI
1995 17 MAR	£41,500	£31,671	31% above HPI

2 LIGHT OAKS ROAD 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 four 2 LIGHT OAKS ROAD sales between March 1995 and November 2020 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 January 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, which was also at 27% above the HPI.

What might 2 LIGHT OAKS ROAD be worth now?

2 LIGHT OAKS ROAD might now be worth an estimated £267,786.

This is based on house price inflation of 35.9%, between November 2020 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 35.9% inflationary increase is applied to the most recent sale price for 2 LIGHT OAKS ROAD of £197,000 on 25th November 2020. For the value to have increased from £197,000 to £267,786 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 2 LIGHT OAKS ROAD has moved in line with the HPI for terraced houses in the Salford local authority area.
• The November 2020 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIGHT OAKS ROAD has not materially changed since November 2020.

How Large is 2 LIGHT OAKS ROAD?

2 LIGHT OAKS ROAD is 84m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of terraced houses houses in Salford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Salford, and where 2 LIGHT OAKS ROAD lies on this distribution: 16% of terraced houses houses are smaller than 2 LIGHT OAKS ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Salford.

2 LIGHT OAKS ROAD: Plot and Title Map

2 LIGHT OAKS ROAD sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 2 LIGHT OAKS 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 2 LIGHT OAKS 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.

Where is 2 LIGHT OAKS ROAD?

2 LIGHT OAKS ROAD is located in SALFORD, in the M6 postcode district. The below map shows the position of No. 2 on LIGHT OAKS ROAD.