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 MENDIP CRESCENT is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £295,000 in March 2023, which was around 24% below the average March 2023 detached price in the Bury local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 MENDIP CRESCENT since 1st 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. One of the two 2 MENDIP CRESCENT sales was for below the average price, whilst the other 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 |
---|---|---|---|
2023 10 MAR | £295,000 | £389,709 | 24% below HPI |
1995 16 JAN | £80,000 | £75,542 | 6% above HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 2 MENDIP CRESCENT sales from January 1995 and March 2023 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 January 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
2 MENDIP CRESCENT is 98m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% 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 MENDIP CRESCENT lies on this distribution: 35% of detached houses are smaller than 2 MENDIP CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Bury.
2 MENDIP CRESCENT sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 MENDIP CRESCENT, 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 MENDIP CRESCENT). 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 MENDIP CRESCENT is located in BURY, in the BL8 postcode district. The below map shows the position of No. 2 on MENDIP CRESCENT.