78, VALLEY MILL LANE, BURY, BL9 9BY - £125,000

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

78 VALLEY MILL LANE is a very small extended detached house of 82m², built sometime from 2007 onwards. It was last sold for £125,000 in December 2016, which was around 51% below the average December 2016 detached price in the Bury local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

78 VALLEY MILL LANE Sold Prices

Land registry data shows two sales for 78 VALLEY MILL LANE 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 78 VALLEY MILL LANE 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
2016 21 DEC	£125,000	£255,683	51% below HPI
2008 28 APR	£147,962	£235,119	37% below HPI

78 VALLEY MILL LANE 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 78 VALLEY MILL LANE sales from April 2008 and December 2016 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 April 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 78 VALLEY MILL LANE?

78 VALLEY MILL LANE is 82m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 78 VALLEY MILL LANE lies on this distribution: 18% of detached houses are smaller than 78 VALLEY MILL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bury.

78 VALLEY MILL LANE: Plot and Title Map

78 VALLEY MILL LANE sits on a plot of roughly 1.2 acres, or 4,909m². The below map shows the location of 78 VALLEY MILL LANE, 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 78 VALLEY MILL LANE). 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 78 VALLEY MILL LANE?

78 VALLEY MILL LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 78 on VALLEY MILL LANE.