12, RADWAY, TYLDESLEY, MANCHESTER, M29 8WA - £248,500

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.

12 RADWAY is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £262,496. It was last sold for £248,500 in December 2022, which was around 16% below the average December 2022 detached price in the Wigan local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 RADWAY Sold Prices

Land registry data shows two sales for 12 RADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Both of the two 12 RADWAY 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 22 DEC	£248,500	£294,771	16% below HPI
1997 23 MAY	£45,000	£68,445	34% below HPI

12 RADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 12 RADWAY sales from May 1997 and December 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 May 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 RADWAY be worth now?

12 RADWAY might now be worth an estimated £262,496.

This is based on house price inflation of 5.6%, between December 2022 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.6% inflationary increase is applied to the most recent sale price for 12 RADWAY of £248,500 on 22nd December 2022. For the value to have increased from £248,500 to £262,496 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 RADWAY has moved in line with the HPI for detached houses in the Wigan local authority area.
• The December 2022 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 12 RADWAY has not materially changed since December 2022.

How Large is 12 RADWAY?

12 RADWAY is 63m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 12 RADWAY lies on this distribution: 5% of detached houses houses are smaller than 12 RADWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

12 RADWAY: Plot and Title Map

12 RADWAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 12 RADWAY, 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 12 RADWAY). 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 12 RADWAY?

12 RADWAY is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 12 on RADWAY.