1, LAUNCESTON ROAD, RADCLIFFE, MANCHESTER, M26 3UN - £195,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 LAUNCESTON ROAD is a midsized detached house of 98m², built sometime between 1983 and 1990. It was last sold for £195,000 in February 2018, which was around 29% below the average February 2018 detached price in the Bury local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 LAUNCESTON ROAD Sold Prices

Land registry data shows five sales for 1 LAUNCESTON ROAD 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. All of the five 1 LAUNCESTON 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
2018 28 FEB	£195,000	£274,455	29% below HPI
2007 21 DEC	£172,950	£246,432	30% below HPI
2002 29 NOV	£123,995	£140,442	12% below HPI
2001 11 MAY	£84,500	£104,358	19% below HPI
1995 31 JAN	£73,950	£75,542	2% below HPI

1 LAUNCESTON 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 five 1 LAUNCESTON ROAD sales between January 1995 and February 2018 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 LAUNCESTON ROAD?

1 LAUNCESTON ROAD is 98m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 LAUNCESTON ROAD lies on this distribution: 50% of detached houses are smaller than 1 LAUNCESTON ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

1 LAUNCESTON ROAD: Plot and Title Map

1 LAUNCESTON ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 LAUNCESTON 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 LAUNCESTON 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 LAUNCESTON ROAD?

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