28, THREADMILL LANE, SWINTON, MANCHESTER, M27 9LJ - £260,000

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.

28 THREADMILL LANE is a very small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £296,256. It was last sold for £260,000 in May 2023, which was around 3% above the average May 2023 semi-detached price in the Salford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

28 THREADMILL LANE Sold Prices

Land registry data shows five sales for 28 THREADMILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Salford local authority area for the corresponding sale date. All of the five 28 THREADMILL 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
2023 19 MAY	£260,000	£252,886	3% above HPI
2014 5 DEC	£135,000	£131,337	3% above HPI
2013 14 AUG	£130,000	£118,740	9% above HPI
2007 21 DEC	£150,000	£137,821	9% above HPI
2004 22 DEC	£126,950	£115,268	10% above HPI

28 THREADMILL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Salford local authority area over time, sourced from the HPI. The five 28 THREADMILL LANE sales between December 2004 and May 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 December 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2023 sale, which was also at 3% above the HPI.

What might 28 THREADMILL LANE be worth now?

28 THREADMILL LANE might now be worth an estimated £296,256.

This is based on house price inflation of 13.9%, between May 2023 and May 2026, for semi-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 13.9% inflationary increase is applied to the most recent sale price for 28 THREADMILL LANE of £260,000 on 19th May 2023. For the value to have increased from £260,000 to £296,256 over the three years to May 2026, the following assumptions must hold true:

• The value of 28 THREADMILL LANE has moved in line with the HPI for semi-detached houses in the Salford local authority area.
• The May 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THREADMILL LANE has not materially changed since May 2023.

How Large is 28 THREADMILL LANE?

28 THREADMILL LANE is 71m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Swinton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swinton, and where 28 THREADMILL LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 28 THREADMILL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Swinton.

28 THREADMILL LANE: Plot and Title Map

28 THREADMILL LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 28 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 28 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 28 THREADMILL LANE?

28 THREADMILL LANE is located in SWINTON, in the M27 postcode district. The below map shows the position of No. 28 on THREADMILL LANE.