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 RAMSEY GROVE is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £257,500 in July 2023, which was around 36% below the average July 2023 detached price in the Bury local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 50 RAMSEY GROVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 50 RAMSEY GROVE 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 |
---|---|---|---|
2023 31 JUL | £257,500 | £404,504 | 36% below HPI |
2003 20 AUG | £99,950 | £164,802 | 39% below HPI |
1996 6 DEC | £55,000 | £78,765 | 30% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 50 RAMSEY GROVE sales between December 1996 and July 2023 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 August 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
50 RAMSEY GROVE is 88m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 RAMSEY GROVE lies on this distribution: 24% of detached houses are smaller than 50 RAMSEY GROVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bury.
50 RAMSEY GROVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 50 RAMSEY GROVE, 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 RAMSEY GROVE). 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.
50 RAMSEY GROVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 50 on RAMSEY GROVE.