1, MARCH DRIVE, BURY, BL8 1XQ - £182,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MARCH DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £182,500 in August 2017, which was around 34% below the average August 2017 detached price in the Bury local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

1 MARCH DRIVE Sold Prices

Land registry data shows three sales for 1 MARCH DRIVE 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. The three 1 MARCH DRIVE sales were a mix of below the average price, and roughly equal to 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
2017 4 AUG	£182,500	£274,630	34% below HPI
2003 31 JUL	£160,000	£160,025	Close to HPI
1997 10 OCT	£57,000	£82,612	31% below HPI

1 MARCH 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 three 1 MARCH DRIVE sales between October 1997 and August 2017 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 July 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 MARCH DRIVE?

1 MARCH DRIVE is 74m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 MARCH DRIVE lies on this distribution: 9% of detached houses are smaller than 1 MARCH DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 MARCH DRIVE: Plot and Title Map

1 MARCH DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 1 MARCH 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 MARCH 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 MARCH DRIVE?

1 MARCH DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 1 on MARCH DRIVE.