1, GRINDSBROOK ROAD, RADCLIFFE, MANCHESTER, M26 4JS - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRINDSBROOK ROAD is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2022, which was around 30% below the average August 2022 detached price in the Bury local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

1 GRINDSBROOK ROAD Sold Prices

Land registry data shows two sales for 1 GRINDSBROOK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 1 GRINDSBROOK ROAD 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
2022 30 AUG	£275,000	£391,195	30% below HPI
2017 10 NOV	£200,000	£277,644	28% below HPI

1 GRINDSBROOK ROAD 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 two 1 GRINDSBROOK ROAD sales from November 2017 and August 2022 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 November 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 GRINDSBROOK ROAD?

1 GRINDSBROOK ROAD is 82m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Radcliffe, and where 1 GRINDSBROOK ROAD lies on this distribution: 25% of detached houses are smaller than 1 GRINDSBROOK ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

1 GRINDSBROOK ROAD: Plot and Title Map

1 GRINDSBROOK ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 1 GRINDSBROOK ROAD, 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 1 GRINDSBROOK ROAD). 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 1 GRINDSBROOK ROAD?

1 GRINDSBROOK ROAD is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 1 on GRINDSBROOK ROAD.