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
3 VALLEY MILL LANE is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £160,000 in March 2018, which was around 41% below the average March 2018 detached price in the Bury local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 3 VALLEY MILL LANE since 1st 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 VALLEY MILL LANE 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 |
---|---|---|---|
2018 8 MAR | £160,000 | £272,720 | 41% below HPI |
2011 28 JAN | £159,950 | £214,812 | 26% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 3 VALLEY MILL LANE sales from January 2011 and March 2018 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 January 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
3 VALLEY MILL LANE is 97m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 3 VALLEY MILL LANE lies on this distribution: 35% of detached houses are smaller than 3 VALLEY MILL LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bury.
3 VALLEY MILL LANE sits on a plot of roughly 1.6 acres, or 6,605m². The below map shows the location of 3 VALLEY MILL LANE, 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 VALLEY MILL LANE). 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.
3 VALLEY MILL LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 3 on VALLEY MILL LANE.