40, GATE LANE, RADCLIFFE, MANCHESTER, M26 2AF - £167,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 GATE LANE is a very small semi-detached house of 69m², which could now be worth an estimated £229,979. It was last sold for £167,500 in March 2020, which was around 10% below the average March 2020 semi-detached price in the Bury local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

40 GATE LANE Sold Prices

Land registry data shows three sales for 40 GATE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. All of the three 40 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 16 MAR	£167,500	£185,913	10% below HPI
2017 20 NOV	£165,000	£168,203	2% below HPI
2015 25 JUN	£137,745	£143,023	4% below HPI

40 GATE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bury local authority area over time, sourced from the HPI. The three 40 GATE LANE sales between 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 November 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 GATE LANE be worth now?

40 GATE LANE might now be worth an estimated £229,979.

This is based on house price inflation of 37.3%, between March 2020 and February 2025, for semi-detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.3% inflationary increase is applied to the most recent sale price for 40 GATE LANE of £167,500 on 16th March 2020. For the value to have increased from £167,500 to £229,979 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 40 GATE LANE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The March 2020 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 40 GATE LANE has not materially changed since March 2020.

How Large is 40 GATE LANE?

40 GATE LANE is 69m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of semi-detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Radcliffe, and where 40 GATE LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 40 GATE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

40 GATE LANE: Plot and Title Map

40 GATE LANE sits on a plot of roughly 2.7 acres, or 11,040m². The below map shows the location of 40 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 40 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 40 GATE LANE?

40 GATE LANE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 40 on GATE LANE.