3, PARK AVENUE, RADCLIFFE, MANCHESTER, M26 2GR - £305,000

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 PARK AVENUE is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £305,000 in February 2023, which was around 22% below the average February 2023 detached price in the Bury local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 PARK AVENUE Sold Prices

Land registry data shows four sales for 3 PARK AVENUE 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 3 PARK 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
2023 10 FEB	£305,000	£393,251	22% below HPI
2017 23 AUG	£192,500	£274,630	30% below HPI
1998 1 SEP	£64,500	£85,608	25% below HPI
1997 1 JUL	£62,150	£85,070	27% below HPI

3 PARK 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 four 3 PARK AVENUE sales between July 1997 and February 2023 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 August 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 PARK AVENUE?

3 PARK AVENUE is 86m², which includes two extensions, according to the EPC inspection conducted in March 2017. 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 3 PARK AVENUE lies on this distribution: 30% of detached houses are smaller than 3 PARK AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

3 PARK AVENUE: Plot and Title Map

3 PARK AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 PARK 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 PARK 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 PARK AVENUE?

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