12, PARKGATE, WALSHAW, BURY, BL8 3DA - £165,000

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

12 PARKGATE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £165,000 in September 2015, which was around 31% below the average September 2015 detached price in the Bury local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 PARKGATE Sold Prices

Land registry data shows three sales for 12 PARKGATE 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. All of the three 12 PARKGATE 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
2015 29 SEP	£165,000	£240,256	31% below HPI
2014 28 OCT	£85,000	£229,068	63% below HPI
1999 1 OCT	£59,500	£91,834	35% below HPI

12 PARKGATE 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 12 PARKGATE sales between October 1999 and September 2015 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 October 2014 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the September 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 PARKGATE?

12 PARKGATE is 55m² according to the EPC inspection conducted in May 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 12 PARKGATE lies on this distribution: 1% of detached houses are smaller than 12 PARKGATE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bury.

12 PARKGATE: Plot and Title Map

12 PARKGATE sits on a plot of roughly 13.1 acres, or 53,136m². The below map shows the location of 12 PARKGATE, 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 12 PARKGATE). 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 12 PARKGATE?

12 PARKGATE is located in WALSHAW, in the BL8 postcode district. The below map shows the position of No. 12 on PARKGATE.