56, GREENBANK ROAD, RADCLIFFE, MANCHESTER, M26 4FR - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 GREENBANK ROAD is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £360,000 in August 2022, which was around 8% below the average August 2022 detached price in the Bury local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

56 GREENBANK ROAD Sold Prices

Land registry data shows four sales for 56 GREENBANK ROAD 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. two of the four 56 GREENBANK ROAD sales were for below the average price, and four were 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
2022 17 AUG	£360,000	£391,195	8% below HPI
2006 6 OCT	£223,000	£226,942	2% below HPI
2002 26 MAR	£134,950	£117,470	15% above HPI
1996 27 SEP	£82,500	£78,693	5% above HPI

56 GREENBANK ROAD 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 56 GREENBANK ROAD sales between September 1996 and August 2022 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 October 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 56 GREENBANK ROAD?

56 GREENBANK ROAD is 103m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Radcliffe, and where 56 GREENBANK ROAD lies on this distribution: 57% of detached houses are smaller than 56 GREENBANK ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

56 GREENBANK ROAD: Plot and Title Map

56 GREENBANK ROAD sits on a plot of roughly 0.943 of an acre, or 3,816m². The below map shows the location of 56 GREENBANK ROAD, 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 56 GREENBANK ROAD). 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 56 GREENBANK ROAD?

56 GREENBANK ROAD is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 56 on GREENBANK ROAD.