8, WILLOWBANK, RADCLIFFE, MANCHESTER, M26 1YW - £237,500

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

8 WILLOWBANK is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £237,500 in May 2020, which was around 21% below the average May 2020 detached price in the Bury local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

8 WILLOWBANK Sold Prices

Land registry data shows three sales for 8 WILLOWBANK 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. All of the three 8 WILLOWBANK 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
2020 12 MAY	£237,500	£301,606	21% below HPI
2007 11 MAY	£218,000	£232,568	6% below HPI
1998 20 NOV	£83,000	£86,977	5% below HPI

8 WILLOWBANK 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 8 WILLOWBANK sales between November 1998 and May 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 May 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 WILLOWBANK?

8 WILLOWBANK is 98m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where 8 WILLOWBANK lies on this distribution: 30% of detached houses are smaller than 8 WILLOWBANK, and 70% of houses are larger. Note that EPC data is not available for all properties in Outwood.

8 WILLOWBANK: Plot and Title Map

8 WILLOWBANK sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

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