2, THREADMILL LANE, SWINTON, MANCHESTER, M27 9LJ - £223,000

2 THREADMILL LANE is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £223,000 in October 2020, which was around 31% below the average October 2020 detached price in the Salford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 THREADMILL LANE Sold Prices

Land registry data shows three sales for 2 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 2 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
2020 30 OCT	£223,000	£324,488	31% below HPI
2004 15 OCT	£167,500	£184,618	9% below HPI
2004 25 JUN	£116,950	£159,640	27% below HPI

2 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 2 THREADMILL LANE sales between June 2004 and October 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 October 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 THREADMILL LANE?

2 THREADMILL LANE is 92m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Swinton, based on EPC data. The below chart shows the distribution of detached houses by size in Swinton, and where 2 THREADMILL LANE lies on this distribution: 23% of detached houses are smaller than 2 THREADMILL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Swinton.

2 THREADMILL LANE: Plot and Title Map

2 THREADMILL LANE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 2 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 2 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 2 THREADMILL LANE?

2 THREADMILL LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 2 on THREADMILL LANE.