56, POLE LANE, BURY, BL9 8PX - £390,000

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

56 POLE LANE is a large extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £390,000 in March 2021, which was around 15% above the average March 2021 detached price in the Bury local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

56 POLE LANE Sold Prices

Land registry data shows three sales for 56 POLE LANE 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 56 POLE 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
2021 5 MAR	£390,000	£340,573	15% above HPI
2015 18 SEP	£279,950	£240,256	17% above HPI
2001 17 APR	£133,950	£101,421	32% above HPI

56 POLE 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 three 56 POLE LANE sales between April 2001 and March 2021 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 September 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 56 POLE LANE?

56 POLE LANE is 123m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 56 POLE LANE lies on this distribution: 66% of detached houses are smaller than 56 POLE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bury.

56 POLE LANE: Plot and Title Map

56 POLE LANE sits on a plot of roughly 2.8 acres, or 11,465m². The below map shows the location of 56 POLE 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 56 POLE 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 56 POLE LANE?

56 POLE LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 56 on POLE LANE.