41, LIGHT OAKS ROAD, SALFORD, M6 8NQ - £237,500

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.

41 LIGHT OAKS ROAD is a large detached house of 139m², built sometime between 1930 and 1949, which could now be worth an estimated £411,757. It was last sold for £237,500 in June 2016, which was around 3% below the average June 2016 detached price in the Salford local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

41 LIGHT OAKS ROAD Sold Prices

Land registry data shows two sales for 41 LIGHT OAKS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. One of the two 41 LIGHT OAKS ROAD sales was for below the average price, whilst the other was 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
2016 9 JUN	£237,500	£244,915	3% below HPI
2012 3 FEB	£190,000	£187,952	1% above HPI

41 LIGHT OAKS ROAD 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 two 41 LIGHT OAKS ROAD sales from February 2012 and June 2016 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 February 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 LIGHT OAKS ROAD be worth now?

41 LIGHT OAKS ROAD might now be worth an estimated £411,757.

This is based on house price inflation of 73.4%, between June 2016 and June 2025, for 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 73.4% inflationary increase is applied to the most recent sale price for 41 LIGHT OAKS ROAD of £237,500 on 9th June 2016. For the value to have increased from £237,500 to £411,757 over the nine years to June 2025, the following assumptions must hold true:

• The value of 41 LIGHT OAKS ROAD has moved in line with the HPI for detached houses in the Salford local authority area.
• The June 2016 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 41 LIGHT OAKS ROAD has not materially changed since June 2016.

How Large is 41 LIGHT OAKS ROAD?

41 LIGHT OAKS ROAD is 139m² according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses houses in Salford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salford, and where 41 LIGHT OAKS ROAD lies on this distribution: 69% of detached houses houses are smaller than 41 LIGHT OAKS ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Salford.

41 LIGHT OAKS ROAD: Plot and Title Map

41 LIGHT OAKS ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 41 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 41 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 41 LIGHT OAKS ROAD?

41 LIGHT OAKS ROAD is located in SALFORD, in the M6 postcode district. The below map shows the position of No. 41 on LIGHT OAKS ROAD.