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
1A SPRING GROVE is a very small detached house of 95m², built sometime between 1930 and 1949. It was last sold for £165,000 in September 2014, which was around 28% below the average September 2014 detached price in the Bury local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 1A SPRING GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the five 1A SPRING GROVE 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 |
---|---|---|---|
2014 15 SEP | £165,000 | £229,987 | 28% below HPI |
2008 2 APR | £176,500 | £235,119 | 25% below HPI |
2005 15 APR | £127,000 | £205,823 | 38% below HPI |
2000 25 FEB | £43,750 | £89,365 | 51% below HPI |
1998 28 JUL | £69,000 | £85,510 | 19% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The five 1A SPRING GROVE sales between July 1998 and September 2014 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 April 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
1A SPRING GROVE is 95m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 1A SPRING GROVE lies on this distribution: 19% of detached houses are smaller than 1A SPRING GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Whitefield.
1A SPRING GROVE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 1A SPRING GROVE, 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 1A SPRING GROVE). 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.
1A SPRING GROVE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 1A on SPRING GROVE.