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 PHILIPS DRIVE is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £440,000 in April 2020, which was around 46% above the average April 2020 detached price in the Bury local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 PHILIPS DRIVE since 1st 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. One of the two 7 PHILIPS DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2020 28 APR | £440,000 | £301,542 | 46% above HPI |
2018 20 SEP | £257,500 | £291,490 | 12% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 7 PHILIPS DRIVE sales from September 2018 and April 2020 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2020 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
7 PHILIPS DRIVE is 159m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 7 PHILIPS DRIVE lies on this distribution: 64% of detached houses are smaller than 7 PHILIPS DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Whitefield.
7 PHILIPS DRIVE sits on a plot of roughly 1.6 acres, or 6,547m². The below map shows the location of 7 PHILIPS 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 PHILIPS 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.
7 PHILIPS DRIVE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 7 on PHILIPS DRIVE.