31, RAYLEIGH CLOSE, RADCLIFFE, MANCHESTER, M26 1RL - £197,500

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.

31 RAYLEIGH CLOSE is a very small terraced house of 74m², which could now be worth an estimated £229,634. It was last sold for £197,500 in November 2021, which was around 18% above the average November 2021 terraced price in the Bury local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

31 RAYLEIGH CLOSE Sold Prices

Land registry data shows three sales for 31 RAYLEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. All of the three 31 RAYLEIGH CLOSE 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
2021 11 NOV	£197,500	£167,075	18% above HPI
2017 15 DEC	£146,500	£125,910	16% above HPI
2014 30 MAY	£146,495	£99,466	47% above HPI

31 RAYLEIGH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bury local authority area over time, sourced from the HPI. The three 31 RAYLEIGH CLOSE sales between May 2014 and November 2021 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 December 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 31 RAYLEIGH CLOSE be worth now?

31 RAYLEIGH CLOSE might now be worth an estimated £229,634.

This is based on house price inflation of 16.3%, between November 2021 and August 2025, for terraced 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 16.3% inflationary increase is applied to the most recent sale price for 31 RAYLEIGH CLOSE of £197,500 on 11th November 2021. For the value to have increased from £197,500 to £229,634 over the four years and three months to August 2025, the following assumptions must hold true:

• The value of 31 RAYLEIGH CLOSE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The November 2021 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 31 RAYLEIGH CLOSE has not materially changed since November 2021.

How Large is 31 RAYLEIGH CLOSE?

31 RAYLEIGH CLOSE is 74m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of terraced houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Radcliffe, and where 31 RAYLEIGH CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 31 RAYLEIGH CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

31 RAYLEIGH CLOSE: Plot and Title Map

31 RAYLEIGH CLOSE sits on a plot of roughly 0.280 of an acre, or 1,134m². The below map shows the location of 31 RAYLEIGH CLOSE, 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 31 RAYLEIGH CLOSE). 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 31 RAYLEIGH CLOSE?

31 RAYLEIGH CLOSE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 31 on RAYLEIGH CLOSE.