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
78A SANDY LANE is a small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £450,000 in July 2022, which was around 16% above the average July 2022 detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 78A SANDY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. One of the three 78A SANDY LANE sales was for above the average price, whilst two 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 |
---|---|---|---|
2022 22 JUL | £450,000 | £386,806 | 16% above HPI |
2017 27 JUL | £247,500 | £275,516 | 10% below HPI |
1997 18 APR | £68,500 | £79,794 | 14% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 78A SANDY LANE sales between April 1997 and July 2022 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 July 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
78A SANDY LANE is 114m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 78A SANDY LANE lies on this distribution: 34% of detached houses are smaller than 78A SANDY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Prestwich.
78A SANDY LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 78A SANDY 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 78A SANDY 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.
78A SANDY LANE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 78A on SANDY LANE.