3, RAVENSWAY, PRESTWICH, MANCHESTER, M25 0EU - £350,000

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 RAVENSWAY is a small extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2021, which was around 3% above the average March 2021 detached price in the Bury local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 RAVENSWAY Sold Prices

Land registry data shows five sales for 3 RAVENSWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the five 3 RAVENSWAY 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 23 MAR	£350,000	£340,573	3% above HPI
2017 8 SEP	£265,000	£278,900	5% below HPI
2005 7 JUN	£200,000	£215,353	7% below HPI
2004 8 JUN	£250,000	£187,474	33% above HPI
2003 26 SEP	£159,950	£166,543	4% below HPI

3 RAVENSWAY 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 five 3 RAVENSWAY sales between September 2003 and March 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 September 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 RAVENSWAY?

3 RAVENSWAY is 115m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 3 RAVENSWAY lies on this distribution: 34% of detached houses are smaller than 3 RAVENSWAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

3 RAVENSWAY: Plot and Title Map

3 RAVENSWAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 RAVENSWAY, 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 RAVENSWAY). 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 RAVENSWAY?

3 RAVENSWAY is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 3 on RAVENSWAY.