8, FERNBANK, RADCLIFFE, MANCHESTER, M26 1YB - £386,000

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.

8 FERNBANK is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £398,820. It was last sold for £386,000 in October 2023, which was around 2% above the average October 2023 detached price in the Bury local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

8 FERNBANK Sold Prices

Land registry data shows five sales for 8 FERNBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the five 8 FERNBANK sales 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
2023 27 OCT	£386,000	£377,672	2% above HPI
2022 21 OCT	£377,000	£390,499	3% below HPI
2014 22 JAN	£225,000	£210,727	7% above HPI
2007 21 AUG	£231,500	£234,469	1% below HPI
1997 25 JUL	£92,000	£81,985	12% above HPI

8 FERNBANK 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 five 8 FERNBANK sales between July 1997 and October 2023 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 2022 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 FERNBANK be worth now?

8 FERNBANK might now be worth an estimated £398,820.

This is based on house price inflation of 3.3%, between October 2023 and February 2025, 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 3.3% inflationary increase is applied to the most recent sale price for 8 FERNBANK of £386,000 on 27th October 2023. For the value to have increased from £386,000 to £398,820 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 FERNBANK has moved in line with the HPI for detached houses in the Bury local authority area.
• The October 2023 sale price of £386,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERNBANK has not materially changed since October 2023.

How Large is 8 FERNBANK?

8 FERNBANK is 100m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Outwood, and where 8 FERNBANK lies on this distribution: 33% of detached houses houses are smaller than 8 FERNBANK, and 65% of houses are larger. Note that EPC data is not available for all properties in Outwood.

8 FERNBANK: Plot and Title Map

8 FERNBANK sits on a plot of roughly 4.4 acres, or 17,880m². The below map shows the location of 8 FERNBANK, 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 8 FERNBANK). 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 8 FERNBANK?

8 FERNBANK is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 8 on FERNBANK.