8, HIGHFIELD LANE, BURY, BL9 8DR - £162,500

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

8 HIGHFIELD LANE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £162,500 in November 2011, which was around 27% below the average November 2011 detached price in the Bury local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

8 HIGHFIELD LANE Sold Prices

Land registry data shows two sales for 8 HIGHFIELD 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 8 HIGHFIELD 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
2011 18 NOV	£162,500	£221,840	27% below HPI
2010 28 MAY	£190,000	£222,025	14% below HPI

8 HIGHFIELD 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 8 HIGHFIELD LANE sales from May 2010 and November 2011 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2011 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 HIGHFIELD LANE?

8 HIGHFIELD LANE is 75m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 8 HIGHFIELD LANE lies on this distribution: 10% of detached houses are smaller than 8 HIGHFIELD LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 HIGHFIELD LANE: Plot and Title Map

8 HIGHFIELD LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 8 HIGHFIELD 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 8 HIGHFIELD 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 8 HIGHFIELD LANE?

8 HIGHFIELD LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 8 on HIGHFIELD LANE.