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
81 GRASMERE DRIVE is a large detached house of 136m², built sometime between 2007 and 2011. It was last sold for £165,000 in April 2024, which was around 58% below the average April 2024 detached price in the Bury local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 81 GRASMERE DRIVE since 1st 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. One of the two 81 GRASMERE 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 |
---|---|---|---|
2024 19 APR | £165,000 | £394,579 | 58% below HPI |
2011 18 JUL | £215,000 | £210,681 | 2% above HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 81 GRASMERE DRIVE sales from July 2011 and April 2024 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2024 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.
81 GRASMERE DRIVE is 136m² according to the EPC inspection conducted in December 2023. This puts it in the largest 30% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 81 GRASMERE DRIVE lies on this distribution: 78% of detached houses are smaller than 81 GRASMERE DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bury.
81 GRASMERE DRIVE sits on a plot of roughly 6.2 acres, or 25,221m². The below map shows the location of 81 GRASMERE 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 81 GRASMERE 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.
81 GRASMERE DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 81 on GRASMERE DRIVE.