5, HUTCHINSON CLOSE, RADCLIFFE, MANCHESTER, M26 3BY - £175,000

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.

5 HUTCHINSON CLOSE is a small detached house of 89m², which could now be worth an estimated £284,305. It was last sold for £175,000 in June 2016, which was around 27% below the average June 2016 detached price in the Bury local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

5 HUTCHINSON CLOSE Sold Prices

Land registry data shows two sales for 5 HUTCHINSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 5 HUTCHINSON CLOSE 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
2016 24 JUN	£175,000	£239,951	27% below HPI
2011 2 DEC	£175,000	£207,604	16% below HPI

5 HUTCHINSON CLOSE 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 two 5 HUTCHINSON CLOSE sales from December 2011 and June 2016 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 HUTCHINSON CLOSE be worth now?

5 HUTCHINSON CLOSE might now be worth an estimated £284,305.

This is based on house price inflation of 62.5%, between June 2016 and March 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 62.5% inflationary increase is applied to the most recent sale price for 5 HUTCHINSON CLOSE of £175,000 on 24th June 2016. For the value to have increased from £175,000 to £284,305 over the nine years and three months to March 2025, the following assumptions must hold true:

• The value of 5 HUTCHINSON CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HUTCHINSON CLOSE has not materially changed since June 2016.

How Large is 5 HUTCHINSON CLOSE?

5 HUTCHINSON CLOSE is 89m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses houses in Radcliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radcliffe, and where 5 HUTCHINSON CLOSE lies on this distribution: 37% of detached houses houses are smaller than 5 HUTCHINSON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

5 HUTCHINSON CLOSE: Plot and Title Map

5 HUTCHINSON CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 5 HUTCHINSON 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 5 HUTCHINSON 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 5 HUTCHINSON CLOSE?

5 HUTCHINSON CLOSE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 5 on HUTCHINSON CLOSE.