6, MELTON DRIVE, BURY, BL9 8BE - £230,000

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.

6 MELTON DRIVE is a large extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £274,561. It was last sold for £230,000 in January 2021, which was around 30% below the average January 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.

6 MELTON DRIVE Sold Prices

Land registry data shows four sales for 6 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the four 6 MELTON DRIVE 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
2021 15 JAN	£230,000	£326,884	30% below HPI
2015 6 MAY	£189,000	£223,807	16% below HPI
2007 29 JUN	£202,500	£226,422	11% below HPI
2001 30 AUG	£113,000	£107,826	5% above HPI

6 MELTON DRIVE 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 four 6 MELTON DRIVE sales between August 2001 and January 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 May 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 MELTON DRIVE be worth now?

6 MELTON DRIVE might now be worth an estimated £274,561.

This is based on house price inflation of 19.4%, between January 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 19.4% inflationary increase is applied to the most recent sale price for 6 MELTON DRIVE of £230,000 on 15th January 2021. For the value to have increased from £230,000 to £274,561 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 MELTON DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The January 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MELTON DRIVE has not materially changed since January 2021.

How Large is 6 MELTON DRIVE?

6 MELTON DRIVE is 132m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 6 MELTON DRIVE lies on this distribution: 74% of detached houses houses are smaller than 6 MELTON DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Bury.

6 MELTON DRIVE: Plot and Title Map

6 MELTON DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 6 MELTON DRIVE, 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 6 MELTON DRIVE). 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 6 MELTON DRIVE?

6 MELTON DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 6 on MELTON DRIVE.