1, RAYLEIGH CLOSE, RADCLIFFE, MANCHESTER, M26 1RL - £260,000

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.

1 RAYLEIGH CLOSE is a large detached house of 123m², built sometime from 2012 onwards, which could now be worth an estimated £344,763. It was last sold for £260,000 in February 2020, which was around 12% below the average February 2020 detached price in the Bury local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 RAYLEIGH CLOSE Sold Prices

Land registry data shows two sales for 1 RAYLEIGH CLOSE 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. One of the two 1 RAYLEIGH CLOSE sales was for below the average price, whilst the other was 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
2020 7 FEB	£260,000	£294,277	12% below HPI
2014 28 MAR	£249,995	£205,575	22% above HPI

1 RAYLEIGH CLOSE 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 RAYLEIGH CLOSE sales from March 2014 and February 2020 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 March 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 RAYLEIGH CLOSE be worth now?

1 RAYLEIGH CLOSE might now be worth an estimated £344,763.

This is based on house price inflation of 32.6%, between February 2020 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for 1 RAYLEIGH CLOSE of £260,000 on 7th February 2020. For the value to have increased from £260,000 to £344,763 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 RAYLEIGH CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RAYLEIGH CLOSE has not materially changed since February 2020.

How Large is 1 RAYLEIGH CLOSE?

1 RAYLEIGH CLOSE is 123m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radcliffe, and where 1 RAYLEIGH CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 RAYLEIGH CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

1 RAYLEIGH CLOSE: Plot and Title Map

1 RAYLEIGH CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 RAYLEIGH CLOSE, 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 RAYLEIGH CLOSE). 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 RAYLEIGH CLOSE?

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