36, SPRINGWATER AVENUE, RAMSBOTTOM, BURY, BL0 9RH - £280,000

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.

36 SPRINGWATER AVENUE is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £416,667. It was last sold for £280,000 in June 2017, which was around 7% above the average June 2017 detached price in the Bury local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

36 SPRINGWATER AVENUE Sold Prices

Land registry data shows two sales for 36 SPRINGWATER AVENUE 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. One of the two 36 SPRINGWATER AVENUE sales was for above the average price, whilst the other was 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
2017 30 JUN	£280,000	£262,224	7% above HPI
2011 21 DEC	£162,500	£207,604	22% below HPI

36 SPRINGWATER AVENUE 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 36 SPRINGWATER AVENUE sales from December 2011 and June 2017 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 December 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 36 SPRINGWATER AVENUE be worth now?

36 SPRINGWATER AVENUE might now be worth an estimated £416,667.

This is based on house price inflation of 48.8%, between June 2017 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 48.8% inflationary increase is applied to the most recent sale price for 36 SPRINGWATER AVENUE of £280,000 on 30th June 2017. For the value to have increased from £280,000 to £416,667 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 36 SPRINGWATER AVENUE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SPRINGWATER AVENUE has not materially changed since June 2017.

How Large is 36 SPRINGWATER AVENUE?

36 SPRINGWATER AVENUE is 94m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 36 SPRINGWATER AVENUE lies on this distribution: 25% of detached houses houses are smaller than 36 SPRINGWATER AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

36 SPRINGWATER AVENUE: Plot and Title Map

36 SPRINGWATER AVENUE sits on a plot of roughly 1.4 acres, or 5,465m². The below map shows the location of 36 SPRINGWATER AVENUE, 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 36 SPRINGWATER AVENUE). 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 36 SPRINGWATER AVENUE?

36 SPRINGWATER AVENUE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 36 on SPRINGWATER AVENUE.