11, GORSE BANK, BURY, BL9 7NN - £90,000

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.

11 GORSE BANK is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £175,529. It was last sold for £90,000 in July 2009, which was around 55% below the average July 2009 detached price in the Bury local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

11 GORSE BANK Sold Prices

Land registry data shows two sales for 11 GORSE BANK 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 11 GORSE BANK 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
2009 23 JUL	£90,000	£200,077	55% below HPI
2005 29 APR	£80,000	£198,360	60% below HPI

11 GORSE BANK 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 11 GORSE BANK sales from April 2005 and July 2009 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 2005 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2009 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 11 GORSE BANK be worth now?

11 GORSE BANK might now be worth an estimated £175,529.

This is based on house price inflation of 95%, between July 2009 and February 2025, 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 95% inflationary increase is applied to the most recent sale price for 11 GORSE BANK of £90,000 on 23rd July 2009. For the value to have increased from £90,000 to £175,529 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 11 GORSE BANK has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2009 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GORSE BANK has not materially changed since July 2009.

How Large is 11 GORSE BANK?

11 GORSE BANK is 72m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% 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 11 GORSE BANK lies on this distribution: 8% of detached houses houses are smaller than 11 GORSE BANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Bury.

11 GORSE BANK: Plot and Title Map

11 GORSE BANK sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 11 GORSE BANK, 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 11 GORSE BANK). 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 11 GORSE BANK?

11 GORSE BANK is located in BURY, in the BL9 postcode district. The below map shows the position of No. 11 on GORSE BANK.