8, FERNBANK, RADCLIFFE, MANCHESTER, M26 1YB - £386,000

8 FERNBANK is a small detached house of 100m², built sometime between 1991 and 1995. It was last sold for £386,000 in October 2023, which was around 2% below the average October 2023 detached price in the Bury local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

8 FERNBANK Sold Prices

Land registry data shows five sales for 8 FERNBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the five 8 FERNBANK sales were for below 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
2023 27 OCT	£386,000	£393,430	2% below HPI
2022 21 OCT	£377,000	£404,805	7% below HPI
2014 22 JAN	£225,000	£218,655	3% above HPI
2007 21 AUG	£231,500	£243,291	5% below HPI
1997 25 JUL	£92,000	£85,070	8% above HPI

8 FERNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The five 8 FERNBANK sales between July 1997 and October 2023 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 2022 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 FERNBANK?

8 FERNBANK is 100m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where 8 FERNBANK lies on this distribution: 31% of detached houses are smaller than 8 FERNBANK, and 68% of houses are larger. Note that EPC data is not available for all properties in Outwood.

8 FERNBANK: Plot and Title Map

8 FERNBANK sits on a plot of roughly 1.8 acres, or 7,350m². The below map shows the location of 8 FERNBANK, 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 8 FERNBANK). 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 8 FERNBANK?

8 FERNBANK is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 8 on FERNBANK.