16, NEW LANE, ECCLES, MANCHESTER, M30 8PL - £40,000

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.

16 NEW LANE is a small extended terraced house of 79m², built sometime before 1900, which could now be worth an estimated £187,100. It was last sold for £40,000 in September 2002, which was around 17% below the average September 2002 terraced price in the Salford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

16 NEW LANE Sold Prices

Land registry data shows one sale for 16 NEW LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Salford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 20 SEP	£40,000	£48,171	17% below HPI

What might 16 NEW LANE be worth now?

16 NEW LANE might now be worth an estimated £187,100.

This is based on house price inflation of 367.8%, between September 2002 and May 2026, for terraced 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 367.8% inflationary increase is applied to the most recent sale price for 16 NEW LANE of £40,000 on 20th September 2002. For the value to have increased from £40,000 to £187,100 over the 24 years and four months to May 2026, the following assumptions must hold true:

• The value of 16 NEW LANE has moved in line with the HPI for terraced houses in the Salford local authority area.
• The September 2002 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NEW LANE has not materially changed since September 2002.

How Large is 16 NEW LANE?

16 NEW LANE is 79m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of terraced houses in Eccles, based on EPC data. The below chart shows the distribution of terraced houses by size in Eccles, and where 16 NEW LANE lies on this distribution: 39% of terraced houses are smaller than 16 NEW LANE, and 59% of terraced houses are larger. Note that EPC data is not available for all properties in Eccles.

16 NEW LANE: Plot

16 NEW LANE sits on a plot of roughly 0.017 of an acre, or 67m².

Where is 16 NEW LANE?

16 NEW LANE is located in ECCLES, in the M30 postcode district.