11, REDMERE DRIVE, BURY, BL9 9GB - £160,000

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

11 REDMERE DRIVE is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £160,000 in February 2007, which was around 28% below the average February 2007 detached price in the Bury local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

11 REDMERE DRIVE Sold Prices

Land registry data shows two sales for 11 REDMERE 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 11 REDMERE 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
2007 9 FEB	£160,000	£222,228	28% below HPI
2002 16 DEC	£124,995	£137,130	9% below HPI

11 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 two 11 REDMERE DRIVE sales from December 2002 and February 2007 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 REDMERE DRIVE be worth now?

11 REDMERE DRIVE might now be worth an estimated £283,502.

This is based on house price inflation of 77.2%, between February 2007 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 77.2% inflationary increase is applied to the most recent sale price for 11 REDMERE DRIVE of £160,000 on 9th February 2007. For the value to have increased from £160,000 to £283,502 over the sixteen years and two months to December 2024, the following assumptions must hold true:

• The value of 11 REDMERE DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2007 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 11 REDMERE DRIVE has not materially changed since February 2007.

How Large is 11 REDMERE DRIVE?

11 REDMERE DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 REDMERE DRIVE lies on this distribution: 40% of detached houses houses are smaller than 11 REDMERE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bury.

11 REDMERE DRIVE: Plot and Title Map

11 REDMERE DRIVE sits on a plot of roughly 11.0 acres, or 44,468m². The below map shows the location of 11 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 11 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 11 REDMERE DRIVE?

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