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
44 MELTON DRIVE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £308,325 in February 2021, which was around 9% below the average February 2021 detached price in the Bury local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 44 MELTON DRIVE 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 44 MELTON 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 |
---|---|---|---|
2021 19 FEB | £308,325 | £337,686 | 9% below HPI |
2018 9 FEB | £252,500 | £274,455 | 8% 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 44 MELTON DRIVE sales from February 2018 and February 2021 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 February 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
44 MELTON DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 44 MELTON DRIVE lies on this distribution: 54% of detached houses are smaller than 44 MELTON DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bury.
44 MELTON DRIVE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 44 MELTON 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 44 MELTON 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.
44 MELTON DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 44 on MELTON DRIVE.