8, RADWAY, TYLDESLEY, MANCHESTER, M29 8WA - £382,500

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 RADWAY is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £528,558. It was last sold for £382,500 in August 2020, which was around 70% above the average August 2020 detached price in the Wigan local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 RADWAY Sold Prices

Land registry data shows two sales for 8 RADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Both of the two 8 RADWAY 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
2020 14 AUG	£382,500	£224,909	70% above HPI
2017 28 SEP	£370,000	£202,651	83% above HPI

8 RADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 8 RADWAY sales from September 2017 and August 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 September 2017 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the August 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 8 RADWAY be worth now?

8 RADWAY might now be worth an estimated £528,558.

This is based on house price inflation of 38.2%, between August 2020 and March 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 8 RADWAY of £382,500 on 14th August 2020. For the value to have increased from £382,500 to £528,558 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 8 RADWAY has moved in line with the HPI for detached houses in the Wigan local authority area.
• The August 2020 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RADWAY has not materially changed since August 2020.

How Large is 8 RADWAY?

8 RADWAY is 98m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 8 RADWAY lies on this distribution: 37% of detached houses houses are smaller than 8 RADWAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

8 RADWAY: Plot and Title Map

8 RADWAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 RADWAY, 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 RADWAY). 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 RADWAY?

8 RADWAY is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 8 on RADWAY.