31, GREENBANK ROAD, RADCLIFFE, MANCHESTER, M26 4FR - £155,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 GREENBANK ROAD is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £155,000 in May 2016, which was around 37% below the average May 2016 detached price in the Bury local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

31 GREENBANK ROAD Sold Prices

Land registry data shows two sales for 31 GREENBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 31 GREENBANK ROAD 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
2016 3 MAY	£155,000	£246,064	37% below HPI
2013 20 JUN	£142,500	£210,188	32% below HPI

31 GREENBANK 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 two 31 GREENBANK ROAD sales from June 2013 and May 2016 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 GREENBANK ROAD?

31 GREENBANK ROAD is 58m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Radcliffe, and where 31 GREENBANK ROAD lies on this distribution: 2% of detached houses are smaller than 31 GREENBANK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

31 GREENBANK ROAD: Plot and Title Map

31 GREENBANK ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 31 GREENBANK 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 31 GREENBANK 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 31 GREENBANK ROAD?

31 GREENBANK ROAD is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 31 on GREENBANK ROAD.