48, MEADWAY, BURY, BL9 9TY - £275,000

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

48 MEADWAY is a large detached house of 128m², built sometime between 1967 and 1975. It was last sold for £275,000 in March 2016, which was around 13% above the average March 2016 detached price in the Bury local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

48 MEADWAY Sold Prices

Land registry data shows four sales for 48 MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. two of the four 48 MEADWAY sales were for above the average price, and four 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
2016 29 MAR	£275,000	£243,020	13% above HPI
2012 29 NOV	£201,000	£212,758	6% below HPI
2006 10 MAY	£230,000	£226,430	2% above HPI
2000 9 MAY	£72,000	£93,662	23% below HPI

48 MEADWAY 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 four 48 MEADWAY sales between May 2000 and March 2016 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 November 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 48 MEADWAY?

48 MEADWAY is 128m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 48 MEADWAY lies on this distribution: 70% of detached houses are smaller than 48 MEADWAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Bury.

48 MEADWAY: Plot and Title Map

48 MEADWAY sits on a plot of roughly 0.998 of an acre, or 4,038m². The below map shows the location of 48 MEADWAY, 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 48 MEADWAY). 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 48 MEADWAY?

48 MEADWAY is located in BURY, in the BL9 postcode district. The below map shows the position of No. 48 on MEADWAY.