39, GATE LANE, RADCLIFFE, MANCHESTER, M26 2TE - £225,000

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

39 GATE LANE is a small detached house of 88m². It was last sold for £225,000 in March 2020, which was around 26% below the average March 2020 detached price in the Bury local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

39 GATE LANE Sold Prices

Land registry data shows two sales for 39 GATE LANE 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 39 GATE LANE 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
2020 24 MAR	£225,000	£303,962	26% below HPI
2015 26 JUN	£185,995	£234,373	21% below HPI

39 GATE LANE 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 39 GATE LANE sales from June 2015 and March 2020 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 39 GATE LANE?

39 GATE LANE is 88m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Radcliffe, and where 39 GATE LANE lies on this distribution: 35% of detached houses are smaller than 39 GATE LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

39 GATE LANE: Plot and Title Map

39 GATE LANE sits on a plot of roughly 2.9 acres, or 11,860m². The below map shows the location of 39 GATE LANE, 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 39 GATE LANE). 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 39 GATE LANE?

39 GATE LANE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 39 on GATE LANE.