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
103 HIGHER LANE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £245,000 in July 2003, which was around 53% above the average July 2003 detached price in the Bury local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 103 HIGHER LANE since 1st 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. Two of the three 103 HIGHER LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2003 30 JUL | £245,000 | £160,025 | 53% above HPI |
2002 20 DEC | £197,500 | £142,290 | 39% above HPI |
2001 28 APR | £60,000 | £101,421 | 41% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 103 HIGHER LANE sales between April 2001 and July 2003 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2003 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
103 HIGHER LANE is 99m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 103 HIGHER LANE lies on this distribution: 22% of detached houses are smaller than 103 HIGHER LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Whitefield.
103 HIGHER LANE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 103 HIGHER LANE, 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 103 HIGHER LANE). 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.
103 HIGHER LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 103 on HIGHER LANE.