55, HUTCHINSON WAY, RADCLIFFE, MANCHESTER, M26 3AB - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 HUTCHINSON WAY is a small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £195,000 in April 2020, which was around 35% below the average April 2020 detached price in the Bury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

55 HUTCHINSON WAY Sold Prices

Land registry data shows two sales for 55 HUTCHINSON WAY 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 55 HUTCHINSON WAY 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 7 APR	£195,000	£301,542	35% below HPI
2006 30 MAR	£178,500	£217,424	18% below HPI

55 HUTCHINSON WAY 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 55 HUTCHINSON WAY sales from March 2006 and April 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 55 HUTCHINSON WAY?

55 HUTCHINSON WAY is 85m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Radcliffe, and where 55 HUTCHINSON WAY lies on this distribution: 29% of detached houses are smaller than 55 HUTCHINSON WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

55 HUTCHINSON WAY: Plot and Title Map

55 HUTCHINSON WAY sits on a plot of roughly 1.3 acres, or 5,333m². The below map shows the location of 55 HUTCHINSON WAY, 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 55 HUTCHINSON WAY). 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 55 HUTCHINSON WAY?

55 HUTCHINSON WAY is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 55 on HUTCHINSON WAY.