4, REEDBANK, RADCLIFFE, MANCHESTER, M26 1YD - £257,000

4 REEDBANK is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £257,000 in February 2020, which was around 16% below the average February 2020 detached price in the Bury local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

4 REEDBANK Sold Prices

Land registry data shows two sales for 4 REEDBANK 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. One of the two 4 REEDBANK sales was for below the average price, whilst the other 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
2020 21 FEB	£257,000	£305,350	16% below HPI
2002 28 MAR	£120,000	£117,470	2% above HPI

4 REEDBANK 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 REEDBANK sales from March 2002 and February 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 March 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 REEDBANK?

4 REEDBANK is 109m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where 4 REEDBANK lies on this distribution: 45% of detached houses are smaller than 4 REEDBANK, and 55% of houses are larger. Note that EPC data is not available for all properties in Outwood.

4 REEDBANK: Plot and Title Map

4 REEDBANK sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 REEDBANK, 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 REEDBANK). 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 REEDBANK?

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