3, VALLEY MILL LANE, BURY, BL9 9BX - £160,000

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 VALLEY MILL LANE is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £237,547. It was last sold for £160,000 in March 2018, which was around 39% 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.

3 VALLEY MILL LANE Sold Prices

Land registry data shows two sales for 3 VALLEY MILL LANE 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 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	£262,830	39% below HPI
2011 28 JAN	£159,950	£207,023	23% below HPI

3 VALLEY MILL LANE 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 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 3 VALLEY MILL LANE be worth now?

3 VALLEY MILL LANE might now be worth an estimated £237,547.

This is based on house price inflation of 48.5%, between March 2018 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 48.5% inflationary increase is applied to the most recent sale price for 3 VALLEY MILL LANE of £160,000 on 8th March 2018. For the value to have increased from £160,000 to £237,547 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 3 VALLEY MILL LANE has moved in line with the HPI for detached houses in the Bury local authority area.
• The March 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VALLEY MILL LANE has not materially changed since March 2018.

How Large is 3 VALLEY MILL LANE?

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 houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 3 VALLEY MILL LANE lies on this distribution: 35% of detached houses 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: Plot and Title Map

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.

Where is 3 VALLEY MILL LANE?

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.