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
23 LAUNCESTON ROAD is a small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £180,000 in February 2019, which was around 40% below the average February 2019 detached price in the Bury local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 23 LAUNCESTON ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 23 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 |
---|---|---|---|
2019 22 FEB | £180,000 | £298,286 | 40% below HPI |
2011 1 DEC | £133,500 | £215,415 | 38% below HPI |
2001 20 APR | £82,000 | £101,421 | 19% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 23 LAUNCESTON ROAD sales between April 2001 and February 2019 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 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
23 LAUNCESTON ROAD is 79m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 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 23 LAUNCESTON ROAD lies on this distribution: 21% of detached houses are smaller than 23 LAUNCESTON ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.
23 LAUNCESTON ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 23 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 23 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.
23 LAUNCESTON ROAD is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 23 on LAUNCESTON ROAD.