5, MEADWAY, BURY, BL9 9TY - £215,000

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

5 MEADWAY is a very large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £215,000 in September 2013, which was about the average September 2013 detached price in the Bury local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

5 MEADWAY Sold Prices

Land registry data shows two sales for 5 MEADWAY 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. One of the two 5 MEADWAY sales was roughly equal to 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
2013 27 SEP	£215,000	£215,402	Close to HPI
2001 4 OCT	£135,000	£113,739	19% above HPI

5 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 two 5 MEADWAY sales from October 2001 and September 2013 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 October 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 MEADWAY?

5 MEADWAY is 165m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 MEADWAY lies on this distribution: 90% of detached houses are smaller than 5 MEADWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Bury.

5 MEADWAY: Plot and Title Map

5 MEADWAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 5 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 5 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 5 MEADWAY?

5 MEADWAY is located in BURY, in the BL9 postcode district. The below map shows the position of No. 5 on MEADWAY.