14, PROSPECT PLACE, BURY, BL9 8EX - £418,000

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 PROSPECT PLACE is a very large detached house of 146m², which could now be worth an estimated £600,793. It was last sold for £418,000 in October 2017, which was around 54% above the average October 2017 detached price in the Bury local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

14 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 14 PROSPECT PLACE 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 PROSPECT PLACE sales were for above 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
2017 23 OCT	£418,000	£271,491	54% above HPI
2010 12 NOV	£350,000	£209,860	67% above HPI

14 PROSPECT PLACE 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 PROSPECT PLACE sales from November 2010 and October 2017 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 November 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2017 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 14 PROSPECT PLACE be worth now?

14 PROSPECT PLACE might now be worth an estimated £600,793.

This is based on house price inflation of 43.7%, between October 2017 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 43.7% inflationary increase is applied to the most recent sale price for 14 PROSPECT PLACE of £418,000 on 23rd October 2017. For the value to have increased from £418,000 to £600,793 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 PROSPECT PLACE has moved in line with the HPI for detached houses in the Bury local authority area.
• The October 2017 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PROSPECT PLACE has not materially changed since October 2017.

How Large is 14 PROSPECT PLACE?

14 PROSPECT PLACE is 146m² according to the EPC inspection conducted in May 2009. This puts it in the largest 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 PROSPECT PLACE lies on this distribution: 83% of detached houses houses are smaller than 14 PROSPECT PLACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bury.

14 PROSPECT PLACE: Plot and Title Map

14 PROSPECT PLACE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 14 PROSPECT PLACE, 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 PROSPECT PLACE). 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 PROSPECT PLACE?

14 PROSPECT PLACE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 14 on PROSPECT PLACE.