7, MORETON DRIVE, BURY, BL8 1QT - £191,000

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.

7 MORETON DRIVE is a small extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £273,164. It was last sold for £191,000 in December 2018, which was around 7% above the average December 2018 semi-detached price in the Bury local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

7 MORETON DRIVE Sold Prices

Land registry data shows three sales for 7 MORETON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. All of the three 7 MORETON DRIVE 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
2018 3 DEC	£191,000	£179,226	7% above HPI
2015 19 FEB	£159,000	£139,267	14% above HPI
2011 7 APR	£148,000	£128,558	15% above HPI

7 MORETON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bury local authority area over time, sourced from the HPI. The three 7 MORETON DRIVE sales between April 2011 and December 2018 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 February 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 MORETON DRIVE be worth now?

7 MORETON DRIVE might now be worth an estimated £273,164.

This is based on house price inflation of 43%, between December 2018 and March 2025, for semi-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 43% inflationary increase is applied to the most recent sale price for 7 MORETON DRIVE of £191,000 on 3rd December 2018. For the value to have increased from £191,000 to £273,164 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 7 MORETON DRIVE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The December 2018 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORETON DRIVE has not materially changed since December 2018.

How Large is 7 MORETON DRIVE?

7 MORETON DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of semi-detached houses houses in Bury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bury, and where 7 MORETON DRIVE lies on this distribution: 31% of semi-detached houses houses are smaller than 7 MORETON DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bury.

7 MORETON DRIVE: Plot and Title Map

7 MORETON DRIVE sits on a plot of roughly 2.1 acres, or 8,343m². The below map shows the location of 7 MORETON 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 MORETON 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 MORETON DRIVE?

7 MORETON DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 7 on MORETON DRIVE.