50, NEWINGTON DRIVE, BURY, BL8 2DZ - £365,000

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

50 NEWINGTON DRIVE is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2024, which was around 7% below the average July 2024 detached price in the Bury local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was C.

50 NEWINGTON DRIVE Sold Prices

Land registry data shows two sales for 50 NEWINGTON DRIVE 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 50 NEWINGTON DRIVE sales 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
2024 5 JUL	£365,000	£394,270	7% below HPI
2006 15 DEC	£192,000	£229,885	16% below HPI

50 NEWINGTON DRIVE 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 50 NEWINGTON DRIVE sales from December 2006 and July 2024 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 December 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 50 NEWINGTON DRIVE?

50 NEWINGTON DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 50 NEWINGTON DRIVE lies on this distribution: 60% of detached houses are smaller than 50 NEWINGTON DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bury.

50 NEWINGTON DRIVE: Plot and Title Map

50 NEWINGTON DRIVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 50 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 50 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.

Where is 50 NEWINGTON DRIVE?

50 NEWINGTON DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 50 on NEWINGTON DRIVE.