2, SPRINGWATER AVENUE, RAMSBOTTOM, BURY, BL0 9RH - £277,000

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

2 SPRINGWATER AVENUE is a large detached house of 136m², built sometime between 1976 and 1982. It was last sold for £277,000 in December 2014, which was around 22% above the average December 2014 detached price in the Bury local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

2 SPRINGWATER AVENUE Sold Prices

Land registry data shows two sales for 2 SPRINGWATER AVENUE since 1^st 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. Both of the two 2 SPRINGWATER AVENUE sales were 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
2014 15 DEC	£277,000	£226,584	22% above HPI
1997 20 JUN	£123,500	£83,964	47% above HPI

2 SPRINGWATER AVENUE 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 two 2 SPRINGWATER AVENUE sales from June 1997 and December 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 June 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 SPRINGWATER AVENUE?

2 SPRINGWATER AVENUE is 136m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbottom, and where 2 SPRINGWATER AVENUE lies on this distribution: 66% of detached houses are smaller than 2 SPRINGWATER AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

2 SPRINGWATER AVENUE: Plot and Title Map

2 SPRINGWATER AVENUE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 SPRINGWATER AVENUE, 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 SPRINGWATER AVENUE). 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 2 SPRINGWATER AVENUE?

2 SPRINGWATER AVENUE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 2 on SPRINGWATER AVENUE.