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

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.

56 POLE LANE is a large extended detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £463,659. It was last sold for £390,000 in March 2021, which was around 19% 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	£328,224	19% above HPI
2015 18 SEP	£279,950	£231,545	21% above HPI
2001 17 APR	£133,950	£97,743	37% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 56 POLE LANE be worth now?

56 POLE LANE might now be worth an estimated £463,659.

This is based on house price inflation of 18.9%, between March 2021 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 18.9% inflationary increase is applied to the most recent sale price for 56 POLE LANE of £390,000 on 5th March 2021. For the value to have increased from £390,000 to £463,659 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 56 POLE LANE has moved in line with the HPI for detached houses in the Bury local authority area.
• The March 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 56 POLE LANE has not materially changed since March 2021.

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 houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 56 POLE LANE lies on this distribution: 66% of detached houses 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 2.7 acres, or 11,098m². 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.