88, GIGG LANE, BURY, BL9 9HU - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

88 GIGG LANE is a very small extended semi-detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £248,296. It was last sold for £230,000 in June 2022, which was around 4% below the average June 2022 semi-detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

88 GIGG LANE Sold Prices

Land registry data shows four sales for 88 GIGG LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. The four 88 GIGG LANE sales were a mix of below the average price, and roughly equal to 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
2022 17 JUN	£230,000	£239,032	4% below HPI
2019 28 MAY	£1,000	£179,661	99% below HPI
2003 15 AUG	£96,000	£95,720	Close to HPI
2002 4 OCT	£59,950	£78,344	23% below HPI

88 GIGG LANE 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 four 88 GIGG LANE sales between October 2002 and June 2022 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 2019 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the June 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 88 GIGG LANE be worth now?

88 GIGG LANE might now be worth an estimated £248,296.

This is based on house price inflation of 8%, between June 2022 and December 2024, 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 8% inflationary increase is applied to the most recent sale price for 88 GIGG LANE of £230,000 on 17th June 2022. For the value to have increased from £230,000 to £248,296 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 88 GIGG LANE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The June 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 88 GIGG LANE has not materially changed since June 2022.

How Large is 88 GIGG LANE?

88 GIGG LANE is 83m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 88 GIGG LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 88 GIGG LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bury.

88 GIGG LANE: Plot and Title Map

88 GIGG LANE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 88 GIGG 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 88 GIGG 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.

Where is 88 GIGG LANE?

88 GIGG LANE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 88 on GIGG LANE.