7, NEAR HEY CLOSE, RADCLIFFE, MANCHESTER, M26 3YY - £232,500

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.

7 NEAR HEY CLOSE is a small extended terraced house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £246,050. It was last sold for £232,500 in June 2023, which was around 27% above the average June 2023 terraced price in the Bury local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

7 NEAR HEY CLOSE Sold Prices

Land registry data shows two sales for 7 NEAR HEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Both of the two 7 NEAR HEY 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
2023 2 JUN	£232,500	£183,561	27% above HPI
2014 17 APR	£125,000	£98,779	27% above HPI

7 NEAR HEY 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 two 7 NEAR HEY CLOSE sales from April 2014 and June 2023 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 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2023 sale, which was also at 27% above the HPI.

What might 7 NEAR HEY CLOSE be worth now?

7 NEAR HEY CLOSE might now be worth an estimated £246,050.

This is based on house price inflation of 5.8%, between June 2023 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 5.8% inflationary increase is applied to the most recent sale price for 7 NEAR HEY CLOSE of £232,500 on 2nd June 2023. For the value to have increased from £232,500 to £246,050 over the one year and ten months to August 2025, the following assumptions must hold true:

• The value of 7 NEAR HEY CLOSE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The June 2023 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NEAR HEY CLOSE has not materially changed since June 2023.

How Large is 7 NEAR HEY CLOSE?

7 NEAR HEY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 7 NEAR HEY CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 7 NEAR HEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Radcliffe.

7 NEAR HEY CLOSE: Plot and Title Map

7 NEAR HEY CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 7 NEAR HEY 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 7 NEAR HEY 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 7 NEAR HEY CLOSE?

7 NEAR HEY CLOSE is located in RADCLIFFE, in the M26 postcode district. The below map shows the position of No. 7 on NEAR HEY CLOSE.