58, SHETLAND WAY, RADCLIFFE, MANCHESTER, M26 4UH - £319,000

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

58 SHETLAND WAY is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £319,000 in January 2024, which was around 20% below the average January 2024 detached price in the Bury local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

58 SHETLAND WAY Sold Prices

Land registry data shows three sales for 58 SHETLAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Two of the three 58 SHETLAND WAY sales were for below the average price, whilst one was 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
2024 26 JAN	£319,000	£397,007	20% below HPI
2006 23 JUN	£202,000	£224,564	10% below HPI
2000 30 NOV	£113,000	£99,901	13% above HPI

58 SHETLAND 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 three 58 SHETLAND WAY sales between November 2000 and January 2024 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 58 SHETLAND WAY?

58 SHETLAND WAY is 100m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 58 SHETLAND WAY lies on this distribution: 52% of detached houses are smaller than 58 SHETLAND WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

58 SHETLAND WAY: Plot and Title Map

58 SHETLAND WAY sits on a plot of roughly 0.262 of an acre, or 1,061m². The below map shows the location of 58 SHETLAND 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 58 SHETLAND 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 58 SHETLAND WAY?

58 SHETLAND WAY is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 58 on SHETLAND WAY.