8, NEWHAM DRIVE, BURY, BL8 2EH - £249,950

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

8 NEWHAM DRIVE is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £249,950 in May 2014, which was around 17% above the average May 2014 detached price in the Bury local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

8 NEWHAM DRIVE Sold Prices

Land registry data shows two sales for 8 NEWHAM DRIVE 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 NEWHAM DRIVE sales were 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
2014 16 MAY	£249,950	£213,759	17% above HPI
2002 21 MAY	£199,950	£124,655	60% above HPI

8 NEWHAM DRIVE 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 NEWHAM DRIVE sales from May 2002 and May 2014 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 2002 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 8 NEWHAM DRIVE?

8 NEWHAM DRIVE is 122m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% 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 NEWHAM DRIVE lies on this distribution: 65% of detached houses are smaller than 8 NEWHAM DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 NEWHAM DRIVE: Plot and Title Map

8 NEWHAM DRIVE sits on a plot of roughly 0.477 of an acre, or 1,931m². The below map shows the location of 8 NEWHAM 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 NEWHAM 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 NEWHAM DRIVE?

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