38, LOCKLANDS LANE, IRLAM, MANCHESTER, M44 6RB - £240,000

38 LOCKLANDS LANE is a midsized detached house of 105m², built sometime between 1991 and 1995. It was last sold for £240,000 in January 2017, which was around 10% below the average January 2017 detached price in the Salford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

38 LOCKLANDS LANE Sold Prices

Land registry data shows three sales for 38 LOCKLANDS 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. One of the three 38 LOCKLANDS LANE sales was for below the average price, whilst two 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
2017 18 JAN	£240,000	£265,426	10% below HPI
2001 30 NOV	£128,000	£94,339	36% above HPI
1995 31 MAR	£91,500	£69,810	31% above HPI

38 LOCKLANDS 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 38 LOCKLANDS LANE sales between March 1995 and January 2017 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 November 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 LOCKLANDS LANE?

38 LOCKLANDS LANE is 105m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Irlam, based on EPC data. The below chart shows the distribution of detached houses by size in Irlam, and where 38 LOCKLANDS LANE lies on this distribution: 53% of detached houses are smaller than 38 LOCKLANDS LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Irlam.

38 LOCKLANDS LANE: Plot and Title Map

38 LOCKLANDS LANE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 38 LOCKLANDS 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 38 LOCKLANDS 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 38 LOCKLANDS LANE?

38 LOCKLANDS LANE is located in IRLAM, in the M44 postcode district. The below map shows the position of No. 38 on LOCKLANDS LANE.