1, REDMERE DRIVE, BURY, BL9 9GB - £206,000

1 REDMERE DRIVE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £206,000 in July 2016, which was around 17% below the average July 2016 detached price in the Bury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

1 REDMERE DRIVE Sold Prices

Land registry data shows four sales for 1 REDMERE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Two of the four 1 REDMERE DRIVE sales were for below the average price, whilst one 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
2016 29 JUL	£206,000	£247,764	17% below HPI
2011 2 FEB	£213,500	£213,898	Close to HPI
2005 23 JUL	£198,000	£218,629	9% below HPI
2002 4 DEC	£158,995	£142,290	12% above HPI

1 REDMERE 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 four 1 REDMERE DRIVE sales between December 2002 and July 2016 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 February 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 REDMERE DRIVE?

1 REDMERE DRIVE is 114m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 1 REDMERE DRIVE lies on this distribution: 55% of detached houses are smaller than 1 REDMERE DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 REDMERE DRIVE: Plot and Title Map

1 REDMERE DRIVE sits on a plot of roughly 11.0 acres, or 44,468m². The below map shows the location of 1 REDMERE 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 1 REDMERE 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 1 REDMERE DRIVE?

1 REDMERE DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 1 on REDMERE DRIVE.