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 LAKELAND CRESCENT is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £205,000 in November 2022, which was around 50% below the average November 2022 detached price in the Bury local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 14 LAKELAND CRESCENT 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 LAKELAND CRESCENT 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 |
---|---|---|---|
2022 18 NOV | £205,000 | £407,853 | 50% below HPI |
1995 17 OCT | £70,000 | £75,515 | 7% 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 LAKELAND CRESCENT sales from October 1995 and November 2022 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 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
14 LAKELAND CRESCENT is 62m² according to the EPC inspection conducted in June 2022. 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 14 LAKELAND CRESCENT lies on this distribution: 2% of detached houses are smaller than 14 LAKELAND CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Bury.
14 LAKELAND CRESCENT sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 14 LAKELAND CRESCENT, 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 LAKELAND CRESCENT). 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 LAKELAND CRESCENT is located in BURY, in the BL9 postcode district. The below map shows the position of No. 14 on LAKELAND CRESCENT.