31, RIVERBANK DRIVE, BURY, BL8 1UR - £150,000

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

31 RIVERBANK DRIVE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £150,000 in November 2012, which was around 29% below the average November 2012 detached price in the Bury local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

31 RIVERBANK DRIVE Sold Prices

Land registry data shows two sales for 31 RIVERBANK DRIVE 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 31 RIVERBANK DRIVE 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
2012 30 NOV	£150,000	£212,758	29% below HPI
2001 12 OCT	£60,000	£113,739	47% below HPI

31 RIVERBANK 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 two 31 RIVERBANK DRIVE sales from October 2001 and November 2012 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 October 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2012 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 31 RIVERBANK DRIVE?

31 RIVERBANK DRIVE is 58m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 31 RIVERBANK DRIVE lies on this distribution: 1% of detached houses are smaller than 31 RIVERBANK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bury.

31 RIVERBANK DRIVE: Plot and Title Map

31 RIVERBANK DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 31 RIVERBANK 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 31 RIVERBANK 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 31 RIVERBANK DRIVE?

31 RIVERBANK DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 31 on RIVERBANK DRIVE.