48, SPRINGWATER AVENUE, RAMSBOTTOM, BURY, BL0 9TX - £308,000

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 SPRINGWATER AVENUE is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £308,000 in December 2018, which was around 4% above the average December 2018 detached price in the Bury local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

48 SPRINGWATER AVENUE Sold Prices

Land registry data shows two sales for 48 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. Both of the two 48 SPRINGWATER AVENUE sales were 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
2018 14 DEC	£308,000	£294,917	4% above HPI
2005 29 JUL	£219,950	£218,629	1% above HPI

48 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 48 SPRINGWATER AVENUE sales from July 2005 and December 2018 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 48 SPRINGWATER AVENUE?

48 SPRINGWATER AVENUE is 106m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbottom, and where 48 SPRINGWATER AVENUE lies on this distribution: 38% of detached houses are smaller than 48 SPRINGWATER AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

48 SPRINGWATER AVENUE: Plot and Title Map

48 SPRINGWATER AVENUE sits on a plot of roughly 2.1 acres, or 8,508m². The below map shows the location of 48 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 48 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 48 SPRINGWATER AVENUE?

48 SPRINGWATER AVENUE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 48 on SPRINGWATER AVENUE.