18, RIVERSIDE CLOSE, RADCLIFFE, MANCHESTER, M26 2PJ - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 RIVERSIDE CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £300,534. It was last sold for £300,000 in November 2022, which was around 24% below the average November 2022 detached price in the Bury local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

18 RIVERSIDE CLOSE Sold Prices

Land registry data shows four sales for 18 RIVERSIDE CLOSE 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. Most of the four 18 RIVERSIDE CLOSE 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 4 NOV	£300,000	£393,064	24% below HPI
2007 12 OCT	£174,950	£234,347	25% below HPI
2001 28 SEP	£95,950	£109,182	12% below HPI
1996 28 MAY	£77,950	£74,863	4% above HPI

18 RIVERSIDE 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 four 18 RIVERSIDE CLOSE sales between May 1996 and November 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 October 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 18 RIVERSIDE CLOSE be worth now?

18 RIVERSIDE CLOSE might now be worth an estimated £300,534.

This is based on house price inflation of 0.2%, between November 2022 and December 2024, 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 0.2% inflationary increase is applied to the most recent sale price for 18 RIVERSIDE CLOSE of £300,000 on 4th November 2022. For the value to have increased from £300,000 to £300,534 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RIVERSIDE CLOSE has not materially changed since November 2022.

How Large is 18 RIVERSIDE CLOSE?

18 RIVERSIDE CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% 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 18 RIVERSIDE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 18 RIVERSIDE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

18 RIVERSIDE CLOSE: Plot and Title Map

18 RIVERSIDE CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 18 RIVERSIDE 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 18 RIVERSIDE 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 18 RIVERSIDE CLOSE?

18 RIVERSIDE CLOSE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 18 on RIVERSIDE CLOSE.