3, GISBURN DRIVE, BURY, BL8 3DH - £371,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GISBURN DRIVE is a large detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £428,866. It was last sold for £371,500 in July 2021, which was around 10% above the average July 2021 detached price in the Bury local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 GISBURN DRIVE Sold Prices

Land registry data shows three sales for 3 GISBURN DRIVE since 1^st 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 3 GISBURN DRIVE 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
2021 30 JUL	£371,500	£338,019	10% above HPI
2014 26 AUG	£276,000	£219,873	26% above HPI
1996 14 AUG	£117,500	£74,404	58% above HPI

3 GISBURN 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 three 3 GISBURN DRIVE sales between August 1996 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 August 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 GISBURN DRIVE be worth now?

3 GISBURN DRIVE might now be worth an estimated £428,866.

This is based on house price inflation of 15.4%, between July 2021 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 15.4% inflationary increase is applied to the most recent sale price for 3 GISBURN DRIVE of £371,500 on 30th July 2021. For the value to have increased from £371,500 to £428,866 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 3 GISBURN DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2021 sale price of £371,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GISBURN DRIVE has not materially changed since July 2021.

How Large is 3 GISBURN DRIVE?

3 GISBURN DRIVE is 123m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% 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 3 GISBURN DRIVE lies on this distribution: 66% of detached houses houses are smaller than 3 GISBURN DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 GISBURN DRIVE: Plot and Title Map

3 GISBURN DRIVE sits on a plot of roughly 3.0 acres, or 11,984m². The below map shows the location of 3 GISBURN 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 3 GISBURN 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 3 GISBURN DRIVE?

3 GISBURN DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 3 on GISBURN DRIVE.