28, VALE EDGE, RADCLIFFE, MANCHESTER, M26 4FQ - £154,000

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.

28 VALE EDGE is a very small detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £234,625. It was last sold for £154,000 in May 2017, which was around 40% below the average May 2017 detached price in the Bury local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

28 VALE EDGE Sold Prices

Land registry data shows four sales for 28 VALE EDGE 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. All of the four 28 VALE EDGE 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
2017 26 MAY	£154,000	£256,124	40% below HPI
2007 7 SEP	£165,000	£234,294	30% below HPI
2002 31 MAY	£84,950	£120,135	29% below HPI
2001 23 FEB	£62,000	£95,749	35% below HPI

28 VALE EDGE 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 28 VALE EDGE sales between February 2001 and May 2017 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 September 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 28 VALE EDGE be worth now?

28 VALE EDGE might now be worth an estimated £234,625.

This is based on house price inflation of 52.4%, between May 2017 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 52.4% inflationary increase is applied to the most recent sale price for 28 VALE EDGE of £154,000 on 26th May 2017. For the value to have increased from £154,000 to £234,625 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 28 VALE EDGE has moved in line with the HPI for detached houses in the Bury local authority area.
• The May 2017 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 28 VALE EDGE has not materially changed since May 2017.

How Large is 28 VALE EDGE?

28 VALE EDGE is 62m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 28 VALE EDGE lies on this distribution: 4% of detached houses houses are smaller than 28 VALE EDGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

28 VALE EDGE: Plot and Title Map

28 VALE EDGE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 28 VALE EDGE, 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 28 VALE EDGE). 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 28 VALE EDGE?

28 VALE EDGE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 28 on VALE EDGE.