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
85 VALLEY MILL LANE is a small extended detached house of 87m², built sometime between 2007 and 2011. It was last sold for £200,000 in June 2021, which was around 43% below the average June 2021 detached price in the Bury local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 85 VALLEY MILL LANE since 1st 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 85 VALLEY MILL 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 |
---|---|---|---|
2021 29 JUN | £200,000 | £353,086 | 43% below HPI |
2016 28 APR | £143,000 | £243,869 | 41% below HPI |
2010 12 MAR | £139,000 | £219,676 | 37% below HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 85 VALLEY MILL LANE sales between March 2010 and June 2021 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 April 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
85 VALLEY MILL LANE is 87m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 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 85 VALLEY MILL LANE lies on this distribution: 23% of detached houses are smaller than 85 VALLEY MILL LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bury.
85 VALLEY MILL LANE sits on a plot of roughly 1.6 acres, or 6,605m². The below map shows the location of 85 VALLEY MILL 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 85 VALLEY MILL 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.
85 VALLEY MILL LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 85 on VALLEY MILL LANE.