4, SPRING VALE DRIVE, TOTTINGTON, BURY, BL8 3SB - £215,000

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.

4 SPRING VALE DRIVE is a midsized extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £319,941. It was last sold for £215,000 in June 2017, which was around 18% below the average June 2017 detached price in the Bury local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 SPRING VALE DRIVE Sold Prices

Land registry data shows three sales for 4 SPRING VALE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 4 SPRING VALE 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
2017 30 JUN	£215,000	£262,224	18% below HPI
2006 29 SEP	£202,000	£218,503	8% below HPI
2000 7 JUN	£89,000	£92,156	3% below HPI

4 SPRING VALE 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 three 4 SPRING VALE DRIVE sales between June 2000 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 September 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 SPRING VALE DRIVE be worth now?

4 SPRING VALE DRIVE might now be worth an estimated £319,941.

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 4 SPRING VALE DRIVE of £215,000 on 30th June 2017. For the value to have increased from £215,000 to £319,941 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 4 SPRING VALE DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRING VALE DRIVE has not materially changed since June 2017.

How Large is 4 SPRING VALE DRIVE?

4 SPRING VALE DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 4 SPRING VALE DRIVE lies on this distribution: 40% of detached houses houses are smaller than 4 SPRING VALE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bury.

4 SPRING VALE DRIVE: Plot and Title Map

4 SPRING VALE DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 SPRING VALE 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 4 SPRING VALE 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 4 SPRING VALE DRIVE?

4 SPRING VALE DRIVE is located in TOTTINGTON, in the BL8 postcode district. The below map shows the position of No. 4 on SPRING VALE DRIVE.