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
28 SPRINGWATER AVENUE is a very large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £630,000 in April 2022, which was around 67% above the average April 2022 detached price in the Bury local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 28 SPRINGWATER AVENUE since 1st 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. Most of the four 28 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 |
---|---|---|---|
2022 29 APR | £630,000 | £377,305 | 67% above HPI |
2019 1 NOV | £472,500 | £301,957 | 56% above HPI |
2015 2 JUN | £240,000 | £234,373 | 2% above HPI |
2012 19 OCT | £197,500 | £210,774 | 6% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The four 28 SPRINGWATER AVENUE sales between October 2012 and April 2022 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 2019 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.
28 SPRINGWATER AVENUE is 177m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbottom, and where 28 SPRINGWATER AVENUE lies on this distribution: 87% of detached houses are smaller than 28 SPRINGWATER AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.
28 SPRINGWATER AVENUE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 28 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 28 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.
28 SPRINGWATER AVENUE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 28 on SPRINGWATER AVENUE.