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

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

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 29% 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	£231,545	29% below HPI
2014 28 OCT	£85,000	£220,762	61% below HPI
1999 1 OCT	£59,500	£88,504	33% 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 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 PARKGATE be worth now?

12 PARKGATE might now be worth an estimated £280,597.

This is based on house price inflation of 70.1%, between September 2015 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 70.1% inflationary increase is applied to the most recent sale price for 12 PARKGATE of £165,000 on 29th September 2015. For the value to have increased from £165,000 to £280,597 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 PARKGATE has moved in line with the HPI for detached houses in the Bury local authority area.
• The September 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARKGATE has not materially changed since September 2015.

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 houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 12 PARKGATE lies on this distribution: 1% of detached houses 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.