8, RIVERBANK DRIVE, BURY, BL8 1UR - £162,000

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 RIVERBANK DRIVE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £162,000 in January 2019, which was around 45% below the average January 2019 detached price in the Bury local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

8 RIVERBANK DRIVE Sold Prices

Land registry data shows three sales for 8 RIVERBANK DRIVE since 1^st 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. All of the three 8 RIVERBANK DRIVE 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
2019 8 JAN	£162,000	£295,678	45% below HPI
2013 25 OCT	£150,000	£213,290	30% below HPI
2000 22 SEP	£64,500	£99,722	35% below HPI

8 RIVERBANK 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 three 8 RIVERBANK DRIVE sales between September 2000 and January 2019 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 October 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 RIVERBANK DRIVE?

8 RIVERBANK DRIVE is 59m² according to the EPC inspection conducted in February 2018. 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 RIVERBANK DRIVE lies on this distribution: 1% of detached houses are smaller than 8 RIVERBANK DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 RIVERBANK DRIVE: Plot and Title Map

8 RIVERBANK DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 8 RIVERBANK 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 RIVERBANK 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 RIVERBANK DRIVE?

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