1, REDMERE DRIVE, BURY, BL9 9GB - £206,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 REDMERE DRIVE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £206,000 in July 2016, which was around 14% below the average July 2016 detached price in the Bury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

1 REDMERE DRIVE Sold Prices

Land registry data shows four sales for 1 REDMERE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. two of the four 1 REDMERE DRIVE sales were for below the average price, and four 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
2016 29 JUL	£206,000	£238,780	14% below HPI
2011 2 FEB	£213,500	£206,142	4% above HPI
2005 23 JUL	£198,000	£210,701	6% below HPI
2002 4 DEC	£158,995	£137,130	16% above HPI

1 REDMERE 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 four 1 REDMERE DRIVE sales between December 2002 and July 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 February 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 REDMERE DRIVE be worth now?

1 REDMERE DRIVE might now be worth an estimated £339,707.

This is based on house price inflation of 64.9%, between July 2016 and December 2024, 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 64.9% inflationary increase is applied to the most recent sale price for 1 REDMERE DRIVE of £206,000 on 29th July 2016. For the value to have increased from £206,000 to £339,707 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 REDMERE DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2016 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDMERE DRIVE has not materially changed since July 2016.

How Large is 1 REDMERE DRIVE?

1 REDMERE DRIVE is 114m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 1 REDMERE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 1 REDMERE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 REDMERE DRIVE: Plot and Title Map

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

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