189, GIGG LANE, BURY, BL9 9HA - £300,000

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

189 GIGG LANE is a very large extended detached house of 169m², built sometime between 2003 and 2006. It was last sold for £300,000 in May 2021, which was around 14% below the average May 2021 detached price in the Bury local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

189 GIGG LANE Sold Prices

Land registry data shows three sales for 189 GIGG 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. The three 189 GIGG LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2021 28 MAY	£300,000	£347,709	14% below HPI
2004 9 AUG	£210,000	£197,523	6% above HPI
2002 14 NOV	£139,995	£140,442	Close to HPI

189 GIGG 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 189 GIGG LANE sales between November 2002 and May 2021 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 August 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 189 GIGG LANE?

189 GIGG LANE is 169m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 189 GIGG LANE lies on this distribution: 91% of detached houses are smaller than 189 GIGG LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Bury.

189 GIGG LANE: Plot and Title Map

189 GIGG LANE sits on a plot of roughly 11.0 acres, or 44,468m². The below map shows the location of 189 GIGG 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 189 GIGG 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 189 GIGG LANE?

189 GIGG LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 189 on GIGG LANE.