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
2 FERNGROVE HOUSE is a very large extended detached house of 196m², built sometime before 1900. It was last sold for £240,000 in February 2024, which was around 40% below the average February 2024 detached price in the Bury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 FERNGROVE HOUSE since 1st 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. All of the three 2 FERNGROVE HOUSE 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 |
---|---|---|---|
2024 7 FEB | £240,000 | £399,280 | 40% below HPI |
2019 24 OCT | £285,000 | £300,570 | 5% below HPI |
2004 23 AUG | £136,750 | £197,523 | 31% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 2 FERNGROVE HOUSE sales between August 2004 and February 2024 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 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
2 FERNGROVE HOUSE is 196m², which includes four extensions, according to the EPC inspection conducted in May 2022. 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 2 FERNGROVE HOUSE lies on this distribution: 95% of detached houses are smaller than 2 FERNGROVE HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bury.
2 FERNGROVE HOUSE sits on a plot of roughly 0.558 of an acre, or 2,260m². The below map shows the location of 2 FERNGROVE HOUSE, 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 2 FERNGROVE HOUSE). 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.
2 FERNGROVE HOUSE is located on FERNGROVE EAST in BURY, in the BL9 postcode district. The below map shows the position of 2 FERNGROVE HOUSE on FERNGROVE EAST.