The move from Quay Street Studios, which it has had since the 1960s, is set to be made next year.
On the current set, the houses are only three quarters the scale of a normal house, meaning cameramen have to perform "tricks" in scenes.
Coronation Street director Tony Prescott told The Sun: "We use camera tricks - you can do anything with a wide lens - to get it to look normal, but the new set will be scaled up."
ITV Studios boss John Whiston added: "We will be using the same factory that made the old bricks and I will be making sure that each one is exactly the same as all the others."
Originally announced in 2010, the move has suffered a "slight" delay and was originally meant to happen sometime this year.
The relocation will apparently give producers the opportunity to bring in new families from other neighbourhoods, the oft-mentioned Rosamund Street and Viaduct Street.