3, LAUNCESTON ROAD, RADCLIFFE, MANCHESTER, M26 3UN - £285,000

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

3 LAUNCESTON ROAD is a large extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £285,000 in December 2018, which was around 3% below the average December 2018 detached price in the Bury local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

3 LAUNCESTON ROAD Sold Prices

Land registry data shows three sales for 3 LAUNCESTON ROAD since 1^st 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. One of the three 3 LAUNCESTON ROAD sales was for below the average price, whilst two 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
2018 10 DEC	£285,000	£294,917	3% below HPI
2003 7 MAR	£174,000	£145,202	20% above HPI
2000 13 OCT	£114,000	£100,417	14% above HPI

3 LAUNCESTON ROAD 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 three 3 LAUNCESTON ROAD sales between October 2000 and December 2018 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 March 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 LAUNCESTON ROAD?

3 LAUNCESTON ROAD is 120m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 3 LAUNCESTON ROAD lies on this distribution: 75% of detached houses are smaller than 3 LAUNCESTON ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

3 LAUNCESTON ROAD: Plot and Title Map

3 LAUNCESTON ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 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 3 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.

Where is 3 LAUNCESTON ROAD?

3 LAUNCESTON ROAD is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 3 on LAUNCESTON ROAD.