1, GRASMERE DRIVE, BURY, BL9 9GA - £180,000

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

1 GRASMERE DRIVE is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £180,000 in July 2014, which was around 20% below the average July 2014 detached price in the Bury local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 GRASMERE DRIVE Sold Prices

Land registry data shows two sales for 1 GRASMERE DRIVE 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 1 GRASMERE DRIVE 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
2014 24 JUL	£180,000	£223,673	20% below HPI
2005 31 JAN	£184,995	£211,392	12% below HPI

1 GRASMERE DRIVE 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 1 GRASMERE DRIVE sales from January 2005 and July 2014 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 January 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 GRASMERE DRIVE?

1 GRASMERE DRIVE is 120m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 1 GRASMERE DRIVE lies on this distribution: 62% of detached houses are smaller than 1 GRASMERE DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 GRASMERE DRIVE: Plot and Title Map

1 GRASMERE DRIVE sits on a plot of roughly 11.0 acres, or 44,468m². The below map shows the location of 1 GRASMERE DRIVE, 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 1 GRASMERE DRIVE). 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 1 GRASMERE DRIVE?

1 GRASMERE DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 1 on GRASMERE DRIVE.