58, MILBOURNE ROAD, BURY, BL9 6PU - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

58 MILBOURNE ROAD is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £295,000 in September 2023, which was around 26% below the average September 2023 detached price in the Bury local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

58 MILBOURNE ROAD Sold Prices

Land registry data shows two sales for 58 MILBOURNE ROAD 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 58 MILBOURNE ROAD 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 20 SEP	£295,000	£396,739	26% below HPI
2016 14 JUN	£205,000	£248,979	18% below HPI

58 MILBOURNE ROAD 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 58 MILBOURNE ROAD sales from June 2016 and September 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 June 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 58 MILBOURNE ROAD?

58 MILBOURNE ROAD is 78m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 58 MILBOURNE ROAD lies on this distribution: 13% of detached houses are smaller than 58 MILBOURNE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bury.

58 MILBOURNE ROAD: Plot and Title Map

58 MILBOURNE ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 58 MILBOURNE ROAD, 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 58 MILBOURNE ROAD). 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 58 MILBOURNE ROAD?

58 MILBOURNE ROAD is located in BURY, in the BL9 postcode district. The below map shows the position of No. 58 on MILBOURNE ROAD.