1, SHETLAND WAY, RADCLIFFE, MANCHESTER, M26 4UH - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SHETLAND WAY is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £210,000 in April 2014, which was around 2% below the average April 2014 detached price in the Bury local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

1 SHETLAND WAY Sold Prices

Land registry data shows four sales for 1 SHETLAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. two of the four 1 SHETLAND WAY sales were for below the average price, and four were 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
2014 28 APR	£210,000	£213,425	2% below HPI
2008 19 DEC	£200,000	£222,141	10% below HPI
2001 10 MAY	£132,000	£104,358	26% above HPI
1998 1 JUL	£99,950	£85,510	17% above HPI

1 SHETLAND WAY 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 four 1 SHETLAND WAY sales between July 1998 and April 2014 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 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 SHETLAND WAY?

1 SHETLAND WAY is 121m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 SHETLAND WAY lies on this distribution: 76% of detached houses are smaller than 1 SHETLAND WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

1 SHETLAND WAY: Plot and Title Map

1 SHETLAND WAY sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 1 SHETLAND WAY, 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 SHETLAND WAY). 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 SHETLAND WAY?

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