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
48 NEWINGTON DRIVE is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £210,000 in June 2015, which was around 10% below the average June 2015 detached price in the Bury local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 48 NEWINGTON 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. One of the two 48 NEWINGTON DRIVE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2015 25 JUN | £210,000 | £234,373 | 10% below HPI |
2002 9 JUL | £136,000 | £132,108 | 3% above HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 48 NEWINGTON DRIVE sales from July 2002 and June 2015 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 July 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
48 NEWINGTON DRIVE is 175m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 48 NEWINGTON DRIVE lies on this distribution: 92% of detached houses are smaller than 48 NEWINGTON DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bury.
48 NEWINGTON DRIVE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 48 NEWINGTON 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 48 NEWINGTON 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.
48 NEWINGTON DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 48 on NEWINGTON DRIVE.