16, PROSPECT PLACE, BURY, BL9 8EX - £350,000

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

16 PROSPECT PLACE is a midsized detached house of 105m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2010, which was around 63% above the average December 2010 detached price in the Bury local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

16 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 16 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 16 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
2010 17 DEC	£350,000	£214,422	63% above HPI
2008 29 SEP	£350,000	£234,857	49% above HPI

16 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 16 PROSPECT PLACE sales from September 2008 and December 2010 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 September 2008 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2010 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 16 PROSPECT PLACE?

16 PROSPECT PLACE is 105m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 16 PROSPECT PLACE lies on this distribution: 44% of detached houses are smaller than 16 PROSPECT PLACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bury.

16 PROSPECT PLACE: Plot and Title Map

16 PROSPECT PLACE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 16 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 16 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 16 PROSPECT PLACE?

16 PROSPECT PLACE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 16 on PROSPECT PLACE.