5, DOW LANE, BURY, BL8 2UT - £345,000

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

5 DOW LANE is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £345,000 in February 2018, which was around 26% above the average February 2018 detached price in the Bury local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

5 DOW LANE Sold Prices

Land registry data shows two sales for 5 DOW LANE 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 5 DOW LANE 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 2 FEB	£345,000	£274,455	26% above HPI
2004 19 JAN	£188,500	£175,406	7% above HPI

5 DOW LANE 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 5 DOW LANE sales from January 2004 and February 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 January 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 5 DOW LANE?

5 DOW LANE is 180m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 5 DOW LANE lies on this distribution: 93% of detached houses are smaller than 5 DOW LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bury.

5 DOW LANE: Plot and Title Map

5 DOW LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 DOW LANE, 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 5 DOW LANE). 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 5 DOW LANE?

5 DOW LANE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 5 on DOW LANE.