5, RIVERSIDE CLOSE, RADCLIFFE, MANCHESTER, M26 2PJ - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RIVERSIDE CLOSE is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £295,077. It was last sold for £255,000 in June 2021, which was around 25% below the average June 2021 detached price in the Bury local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 RIVERSIDE CLOSE Sold Prices

Land registry data shows four sales for 5 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 5 RIVERSIDE 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
2021 23 JUN	£255,000	£340,283	25% below HPI
2013 20 JUN	£160,000	£202,567	21% below HPI
2009 10 JUN	£140,000	£198,897	30% below HPI
2007 25 MAY	£152,500	£224,135	32% below HPI

5 RIVERSIDE 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 four 5 RIVERSIDE CLOSE sales between May 2007 and June 2021 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 RIVERSIDE CLOSE be worth now?

5 RIVERSIDE CLOSE might now be worth an estimated £295,077.

This is based on house price inflation of 15.7%, between June 2021 and December 2024, for 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 15.7% inflationary increase is applied to the most recent sale price for 5 RIVERSIDE CLOSE of £255,000 on 23rd June 2021. For the value to have increased from £255,000 to £295,077 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 5 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVERSIDE CLOSE has not materially changed since June 2021.

How Large is 5 RIVERSIDE CLOSE?

5 RIVERSIDE CLOSE is 69m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radcliffe, and where 5 RIVERSIDE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 RIVERSIDE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

5 RIVERSIDE CLOSE: Plot and Title Map

5 RIVERSIDE CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 5 RIVERSIDE 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 5 RIVERSIDE 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 5 RIVERSIDE CLOSE?

5 RIVERSIDE CLOSE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 5 on RIVERSIDE CLOSE.