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
14 GRASMERE DRIVE is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £235,000 in March 2021, which was around 31% below the average March 2021 detached price in the Bury local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 14 GRASMERE DRIVE since 1st 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 14 GRASMERE 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 |
---|---|---|---|
2021 26 MAR | £235,000 | £340,573 | 31% below HPI |
2004 29 OCT | £158,995 | £205,172 | 23% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 14 GRASMERE DRIVE sales from October 2004 and March 2021 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
14 GRASMERE DRIVE is 81m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 14 GRASMERE DRIVE lies on this distribution: 16% of detached houses are smaller than 14 GRASMERE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bury.
14 GRASMERE DRIVE sits on a plot of roughly 11.0 acres, or 44,468m². The below map shows the location of 14 GRASMERE 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 14 GRASMERE 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.
14 GRASMERE DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 14 on GRASMERE DRIVE.