3, RAJA CLOSE, MANCHESTER, M8 0GW - £290,000

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 RAJA CLOSE is a large extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £290,000 in January 2021, which was around 22% below the average January 2021 detached price in the Manchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

3 RAJA CLOSE Sold Prices

Land registry data shows three sales for 3 RAJA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Two of the three 3 RAJA CLOSE sales were for below the average price, whilst one was 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
2021 18 JAN	£290,000	£370,166	22% below HPI
1996 27 JUN	£65,000	£59,523	9% above HPI
1996 19 MAR	£45,000	£57,104	21% below HPI

3 RAJA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The three 3 RAJA CLOSE sales between March 1996 and January 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 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 RAJA CLOSE?

3 RAJA CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 3 RAJA CLOSE lies on this distribution: 63% of detached houses are smaller than 3 RAJA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Manchester.

3 RAJA CLOSE: Plot and Title Map

3 RAJA CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 3 RAJA CLOSE, 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 RAJA CLOSE). 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 RAJA CLOSE?

3 RAJA CLOSE is located in MANCHESTER, in the M8 postcode district. The below map shows the position of No. 3 on RAJA CLOSE.