40, HALF EDGE LANE, ECCLES, MANCHESTER, M30 9BA - £355,000

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.

40 HALF EDGE LANE is a large extended detached house of 144m², built sometime between 1930 and 1949, which could now be worth an estimated £591,466. It was last sold for £355,000 in July 2017, which was around 32% above the average July 2017 detached price in the Salford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

40 HALF EDGE LANE Sold Prices

Land registry data shows two sales for 40 HALF EDGE LANE 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. Both of the two 40 HALF EDGE 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
2017 7 JUL	£355,000	£269,897	32% above HPI
2004 7 DEC	£192,500	£187,710	3% above HPI

40 HALF EDGE 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 two 40 HALF EDGE LANE sales from December 2004 and July 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 December 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 40 HALF EDGE LANE be worth now?

40 HALF EDGE LANE might now be worth an estimated £591,466.

This is based on house price inflation of 66.6%, between July 2017 and April 2026, 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 66.6% inflationary increase is applied to the most recent sale price for 40 HALF EDGE LANE of £355,000 on 7th July 2017. For the value to have increased from £355,000 to £591,466 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 40 HALF EDGE LANE has moved in line with the HPI for detached houses in the Salford local authority area.
• The July 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 40 HALF EDGE LANE has not materially changed since July 2017.

How Large is 40 HALF EDGE LANE?

40 HALF EDGE LANE is 144m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses in Eccles, based on EPC data. The below chart shows the distribution of detached houses by size in Eccles, and where 40 HALF EDGE LANE lies on this distribution: 74% of detached houses are smaller than 40 HALF EDGE LANE, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Eccles.

Where is 40 HALF EDGE LANE?

40 HALF EDGE LANE is located in ECCLES, in the M30 postcode district.