7, CHESTNUT DRIVE, BURY, BL9 6TN - £313,500

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

7 CHESTNUT DRIVE is a large extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £313,500 in September 2021, which was around 13% below the average September 2021 detached price in the Bury local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

7 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 7 CHESTNUT 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 7 CHESTNUT 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 30 SEP	£313,500	£359,497	13% below HPI
2006 12 MAY	£195,000	£226,430	14% below HPI
2005 18 NOV	£176,000	£219,079	20% below HPI
1999 19 NOV	£94,995	£92,860	2% above HPI

7 CHESTNUT 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 7 CHESTNUT DRIVE sales between November 1999 and September 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 CHESTNUT DRIVE?

7 CHESTNUT DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 7 CHESTNUT DRIVE lies on this distribution: 78% of detached houses are smaller than 7 CHESTNUT DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bury.

7 CHESTNUT DRIVE: Plot and Title Map

7 CHESTNUT DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT DRIVE?

7 CHESTNUT DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 7 on CHESTNUT DRIVE.