8, MORETON DRIVE, BURY, BL8 1QT - £240,000

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.

8 MORETON DRIVE is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £252,978. It was last sold for £240,000 in November 2023, which was around 1% below the average November 2023 semi-detached price in the Bury local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

8 MORETON DRIVE Sold Prices

Land registry data shows two sales for 8 MORETON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. One of the two 8 MORETON DRIVE sales was for below the average price, whilst the other was 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
2023 17 NOV	£240,000	£242,165	1% below HPI
1996 20 MAY	£50,000	£44,696	12% above HPI

8 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 two 8 MORETON DRIVE sales from May 1996 and November 2023 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 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 MORETON DRIVE be worth now?

8 MORETON DRIVE might now be worth an estimated £252,978.

This is based on house price inflation of 5.4%, between November 2023 and February 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 5.4% inflationary increase is applied to the most recent sale price for 8 MORETON DRIVE of £240,000 on 17th November 2023. For the value to have increased from £240,000 to £252,978 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 MORETON DRIVE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The November 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MORETON DRIVE has not materially changed since November 2023.

How Large is 8 MORETON DRIVE?

8 MORETON DRIVE is 71m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 8 MORETON DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 8 MORETON DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 MORETON DRIVE: Plot and Title Map

8 MORETON DRIVE sits on a plot of roughly 1.5 acres, or 6,115m². The below map shows the location of 8 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 8 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 8 MORETON DRIVE?

8 MORETON DRIVE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 8 on MORETON DRIVE.