28, MELTON DRIVE, BURY, BL9 8BE - £95,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MELTON DRIVE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £163,675. It was last sold for £95,000 in July 2015, which was around 58% below the average July 2015 detached price in the Bury local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

28 MELTON DRIVE Sold Prices

Land registry data shows four sales for 28 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 28 MELTON DRIVE 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
2015 15 JUL	£95,000	£226,488	58% below HPI
2009 13 NOV	£168,000	£205,568	18% below HPI
2002 9 AUG	£125,000	£129,752	4% below HPI
1999 28 JAN	£68,000	£82,405	17% below HPI

28 MELTON DRIVE 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 four 28 MELTON DRIVE sales between January 1999 and July 2015 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 November 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2015 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 28 MELTON DRIVE be worth now?

28 MELTON DRIVE might now be worth an estimated £163,675.

This is based on house price inflation of 72.3%, between July 2015 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 28 MELTON DRIVE of £95,000 on 15th July 2015. For the value to have increased from £95,000 to £163,675 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 28 MELTON DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MELTON DRIVE has not materially changed since July 2015.

How Large is 28 MELTON DRIVE?

28 MELTON DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 28 MELTON DRIVE lies on this distribution: 12% of detached houses houses are smaller than 28 MELTON DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bury.

28 MELTON DRIVE: Plot and Title Map

28 MELTON DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 28 MELTON DRIVE, 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 28 MELTON DRIVE). 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 28 MELTON DRIVE?

28 MELTON DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 28 on MELTON DRIVE.