50, RAMSEY GROVE, BURY, BL8 2RE - £257,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 RAMSEY GROVE is a small extended detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £257,750. It was last sold for £257,500 in July 2023, which was around 34% 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.

50 RAMSEY GROVE Sold Prices

Land registry data shows three sales for 50 RAMSEY GROVE since 1^st 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	£389,837	34% below HPI
2003 20 AUG	£99,950	£158,826	37% below HPI
1996 6 DEC	£55,000	£75,908	28% below HPI

50 RAMSEY GROVE 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 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 50 RAMSEY GROVE be worth now?

50 RAMSEY GROVE might now be worth an estimated £257,750.

This is based on house price inflation of 0.1%, between July 2023 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% inflationary increase is applied to the most recent sale price for 50 RAMSEY GROVE of £257,500 on 31st July 2023. For the value to have increased from £257,500 to £257,750 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 50 RAMSEY GROVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2023 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 50 RAMSEY GROVE has not materially changed since July 2023.

How Large is 50 RAMSEY GROVE?

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 houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 50 RAMSEY GROVE lies on this distribution: 24% of detached houses houses are smaller than 50 RAMSEY GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bury.

50 RAMSEY GROVE: Plot and Title Map

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.

Where is 50 RAMSEY GROVE?

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