14, LEIGH LANE, BURY, BL8 2RH - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 LEIGH LANE is a very small detached house of 79m², which could now be worth an estimated £284,632. It was last sold for £275,000 in August 2022, which was around 27% below the average August 2022 detached price in the Bury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

14 LEIGH LANE Sold Prices

Land registry data shows two sales for 14 LEIGH LANE 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 14 LEIGH LANE 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 26 AUG	£275,000	£377,010	27% below HPI
2014 23 MAY	£185,000	£206,008	10% below HPI

14 LEIGH LANE 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 14 LEIGH LANE sales from May 2014 and August 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 May 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 14 LEIGH LANE be worth now?

14 LEIGH LANE might now be worth an estimated £284,632.

This is based on house price inflation of 3.5%, between August 2022 and February 2025, 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 3.5% inflationary increase is applied to the most recent sale price for 14 LEIGH LANE of £275,000 on 26th August 2022. For the value to have increased from £275,000 to £284,632 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 14 LEIGH LANE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LEIGH LANE has not materially changed since August 2022.

How Large is 14 LEIGH LANE?

14 LEIGH LANE is 79m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% 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 14 LEIGH LANE lies on this distribution: 14% of detached houses houses are smaller than 14 LEIGH LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bury.

14 LEIGH LANE: Plot and Title Map

14 LEIGH LANE sits on a plot of roughly 5.2 acres, or 21,033m². The below map shows the location of 14 LEIGH LANE, 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 LEIGH LANE). 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 14 LEIGH LANE?

14 LEIGH LANE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 14 on LEIGH LANE.