4, RIVER VIEW CLOSE, PRESTWICH, MANCHESTER, M25 9TE - £170,000

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

4 RIVER VIEW CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £170,000 in December 2019, which was around 44% below the average December 2019 detached price in the Bury local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

4 RIVER VIEW CLOSE Sold Prices

Land registry data shows two sales for 4 RIVER VIEW CLOSE 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 RIVER VIEW CLOSE 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
2019 13 DEC	£170,000	£303,425	44% below HPI
2000 25 APR	£45,250	£90,724	50% below HPI

4 RIVER VIEW CLOSE 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 RIVER VIEW CLOSE sales from April 2000 and December 2019 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 April 2000 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2019 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 RIVER VIEW CLOSE?

4 RIVER VIEW CLOSE is 55m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 4 RIVER VIEW CLOSE lies on this distribution: 1% of detached houses are smaller than 4 RIVER VIEW CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

4 RIVER VIEW CLOSE: Plot and Title Map

4 RIVER VIEW CLOSE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 4 RIVER VIEW CLOSE, 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 RIVER VIEW CLOSE). 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 RIVER VIEW CLOSE?

4 RIVER VIEW CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 4 on RIVER VIEW CLOSE.