HOMESTEAD, SHAY LANE, HALE BARNS, ALTRINCHAM, WA15 8UE - £500,000

HOMESTEAD is a midsized extended detached house of 200m², built sometime between 1976 and 1982. It was last sold for £500,000 in February 2010, which was around 51% above the average February 2010 detached price in the Trafford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

HOMESTEAD Sold Prices

Land registry data shows three sales for HOMESTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three HOMESTEAD 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
2010 18 FEB	£500,000	£331,431	51% above HPI
1999 18 OCT	£249,500	£144,787	72% above HPI
1997 5 AUG	£260,000	£118,413	120% above HPI

HOMESTEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three HOMESTEAD sales between August 1997 and February 2010 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 1999 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the February 2010 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 200m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses in Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Hale, and where HOMESTEAD lies on this distribution: 57% of detached houses are smaller than HOMESTEAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Hale.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on SHAY LANE in HALE BARNS, in the WA15 postcode district. The below map shows the position of HOMESTEAD on SHAY LANE.