Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
2 RIVER VIEW CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £227,000 in July 2021, which was around 35% below the average July 2021 detached price in the Bury local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 RIVER VIEW CLOSE 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 RIVER VIEW CLOSE 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 |
---|---|---|---|
2021 26 JUL | £227,000 | £350,737 | 35% below HPI |
2018 18 DEC | £160,000 | £294,917 | 46% below HPI |
2000 17 MAR | £53,000 | £88,546 | 40% 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 RIVER VIEW CLOSE sales between March 2000 and July 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 December 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
2 RIVER VIEW CLOSE is 65m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 2 RIVER VIEW CLOSE lies on this distribution: 3% of detached houses are smaller than 2 RIVER VIEW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Prestwich.
2 RIVER VIEW CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 RIVER VIEW CLOSE, 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 RIVER VIEW CLOSE). 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 RIVER VIEW CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on RIVER VIEW CLOSE.