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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 MELTON DRIVE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £95,000 in July 2015, which was around 60% 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	£235,009	60% below HPI
2009 13 NOV	£168,000	£213,302	21% below HPI
2002 9 AUG	£125,000	£134,634	7% below HPI
1999 28 JAN	£68,000	£85,506	20% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2015 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

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 in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 28 MELTON DRIVE lies on this distribution: 12% of detached 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.