161, PARR LANE, BURY, BL9 8JN - £231,500

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

161 PARR LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £231,500 in April 2017, which was around 11% below the average April 2017 detached price in the Bury local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

161 PARR LANE Sold Prices

Land registry data shows three sales for 161 PARR LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Two of the three 161 PARR LANE sales were for below the average price, whilst one was 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 10 APR	£231,500	£261,270	11% below HPI
2003 10 OCT	£168,950	£167,965	1% above HPI
1999 7 MAY	£58,000	£85,480	32% below HPI

161 PARR 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 three 161 PARR LANE sales between May 1999 and April 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 October 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 161 PARR LANE?

161 PARR LANE is 68m² according to the EPC inspection conducted in March 2017. 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 161 PARR LANE lies on this distribution: 5% of detached houses are smaller than 161 PARR LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bury.

161 PARR LANE: Plot and Title Map

161 PARR LANE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 161 PARR 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 161 PARR 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 161 PARR LANE?

161 PARR LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 161 on PARR LANE.