8, VALE EDGE, RADCLIFFE, MANCHESTER, M26 4FQ - £215,000

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 VALE EDGE is a very small semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £222,050. It was last sold for £215,000 in September 2022, which was around 13% below the average September 2022 semi-detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

8 VALE EDGE Sold Prices

Land registry data shows four sales for 8 VALE EDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. All of the four 8 VALE EDGE 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
2022 29 SEP	£215,000	£247,156	13% below HPI
2006 28 APR	£130,000	£136,009	4% below HPI
2004 23 APR	£66,000	£105,724	38% below HPI
1999 6 DEC	£51,500	£52,361	2% below HPI

8 VALE EDGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bury local authority area over time, sourced from the HPI. The four 8 VALE EDGE sales between December 1999 and September 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 April 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 VALE EDGE be worth now?

8 VALE EDGE might now be worth an estimated £222,050.

This is based on house price inflation of 3.3%, between September 2022 and February 2025, for semi-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 VALE EDGE of £215,000 on 29th September 2022. For the value to have increased from £215,000 to £222,050 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 VALE EDGE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The September 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VALE EDGE has not materially changed since September 2022.

How Large is 8 VALE EDGE?

8 VALE EDGE is 60m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of semi-detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Radcliffe, and where 8 VALE EDGE lies on this distribution: 3% of semi-detached houses houses are smaller than 8 VALE EDGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

8 VALE EDGE: Plot and Title Map

8 VALE EDGE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 8 VALE EDGE, 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 VALE EDGE). 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 VALE EDGE?

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