3, HILL RISE, RAMSBOTTOM, BURY, BL0 9QS - £325,000

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.

3 HILL RISE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £355,598. It was last sold for £325,000 in February 2022, which was around 9% below the average February 2022 detached price in the Bury local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

3 HILL RISE Sold Prices

Land registry data shows two sales for 3 HILL RISE 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 3 HILL RISE 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
2022 23 FEB	£325,000	£356,638	9% below HPI
1997 12 JUN	£58,000	£80,919	28% below HPI

3 HILL RISE 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 3 HILL RISE sales from June 1997 and February 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 June 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 HILL RISE be worth now?

3 HILL RISE might now be worth an estimated £355,598.

This is based on house price inflation of 9.4%, between February 2022 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 9.4% inflationary increase is applied to the most recent sale price for 3 HILL RISE of £325,000 on 23rd February 2022. For the value to have increased from £325,000 to £355,598 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 HILL RISE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILL RISE has not materially changed since February 2022.

How Large is 3 HILL RISE?

3 HILL RISE is 83m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsbottom, and where 3 HILL RISE lies on this distribution: 14% of detached houses houses are smaller than 3 HILL RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

3 HILL RISE: Plot and Title Map

3 HILL RISE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 HILL RISE, 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 HILL RISE). 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 HILL RISE?

3 HILL RISE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 3 on HILL RISE.