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

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

3 HILL RISE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £325,000 in February 2022, which was around 12% 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	£370,057	12% below HPI
1997 12 JUN	£58,000	£83,964	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbottom, and where 3 HILL RISE lies on this distribution: 14% of detached 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 3.7 acres, or 14,864m². 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.