4, GATE LANE, RADCLIFFE, MANCHESTER, M26 2AF - £190,000

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

4 GATE LANE is a very small detached house of 69m². It was last sold for £190,000 in October 2020, which was around 41% below the average October 2020 detached price in the Bury local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

4 GATE LANE Sold Prices

Land registry data shows two sales for 4 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 4 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 23 OCT	£190,000	£321,084	41% below HPI
2016 15 DEC	£169,995	£255,683	34% below HPI

4 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 4 GATE LANE sales from December 2016 and October 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 December 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 GATE LANE?

4 GATE LANE is 69m² according to the EPC inspection conducted in March 2015. 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 4 GATE LANE lies on this distribution: 6% of detached houses are smaller than 4 GATE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

4 GATE LANE: Plot and Title Map

4 GATE LANE sits on a plot of roughly 2.9 acres, or 11,860m². The below map shows the location of 4 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 4 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 4 GATE LANE?

4 GATE LANE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 4 on GATE LANE.