WOODHILL COTTAGE, PROSPECT TERRACE, BURY, BL8 1BB - £245,000

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

WOODHILL COTTAGE is a large extended detached house of 122m², built sometime before 1900. It was last sold for £245,000 in October 2014, which was around 7% above the average October 2014 detached price in the Bury local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

WOODHILL COTTAGE Sold Prices

Land registry data shows two sales for WOODHILL COTTAGE 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. One of the two WOODHILL COTTAGE sales was for above the average price, whilst the other was 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
2014 31 OCT	£245,000	£229,068	7% above HPI
2007 16 NOV	£161,000	£243,217	34% below HPI

WOODHILL COTTAGE 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 WOODHILL COTTAGE sales from November 2007 and October 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 November 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is WOODHILL COTTAGE?

WOODHILL COTTAGE is 122m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 WOODHILL COTTAGE lies on this distribution: 65% of detached houses are smaller than WOODHILL COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bury.

WOODHILL COTTAGE: Plot and Title Map

WOODHILL COTTAGE sits on a plot of roughly 1.7 acres, or 6,728m². The below map shows the location of WOODHILL COTTAGE, 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 WOODHILL COTTAGE). 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 WOODHILL COTTAGE?

WOODHILL COTTAGE is located on PROSPECT TERRACE in BURY, in the BL8 postcode district. The below map shows the position of WOODHILL COTTAGE on PROSPECT TERRACE.