3, NEWARK AVENUE, RADCLIFFE, MANCHESTER, M26 3TX - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 NEWARK AVENUE is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £260,000 in April 2021, which was around 24% below the average April 2021 detached price in the Bury local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 NEWARK AVENUE Sold Prices

Land registry data shows three sales for 3 NEWARK AVENUE 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. All of the three 3 NEWARK AVENUE 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
2021 21 APR	£260,000	£343,401	24% below HPI
2013 4 JUN	£170,000	£210,188	19% below HPI
1999 27 AUG	£81,000	£88,213	8% below HPI

3 NEWARK AVENUE 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 NEWARK AVENUE sales between August 1999 and April 2021 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 June 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 NEWARK AVENUE?

3 NEWARK AVENUE is 86m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Little Lever, based on EPC data. The below chart shows the distribution of detached houses by size in Little Lever, and where 3 NEWARK AVENUE lies on this distribution: 23% of detached houses are smaller than 3 NEWARK AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Little Lever.

3 NEWARK AVENUE: Plot and Title Map

3 NEWARK AVENUE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 NEWARK AVENUE, 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 NEWARK AVENUE). 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 NEWARK AVENUE?

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