2, SOUTHFIELD ROAD, RAMSBOTTOM, BURY, BL0 9ST - £184,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SOUTHFIELD ROAD is a midsized terraced house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £330,313. It was last sold for £184,000 in August 2015, which was around 66% above the average August 2015 terraced price in the Bury local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

2 SOUTHFIELD ROAD Sold Prices

Land registry data shows two sales for 2 SOUTHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Both of the two 2 SOUTHFIELD ROAD sales were 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
2015 13 AUG	£184,000	£110,677	66% above HPI
2005 20 DEC	£195,000	£102,093	91% above HPI

2 SOUTHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bury local authority area over time, sourced from the HPI. The two 2 SOUTHFIELD ROAD sales from December 2005 and August 2015 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 December 2005 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the August 2015 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 2 SOUTHFIELD ROAD be worth now?

2 SOUTHFIELD ROAD might now be worth an estimated £330,313.

This is based on house price inflation of 79.5%, between August 2015 and May 2026, for terraced 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 79.5% inflationary increase is applied to the most recent sale price for 2 SOUTHFIELD ROAD of £184,000 on 13th August 2015. For the value to have increased from £184,000 to £330,313 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 2 SOUTHFIELD ROAD has moved in line with the HPI for terraced houses in the Bury local authority area.
• The August 2015 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHFIELD ROAD has not materially changed since August 2015.

How Large is 2 SOUTHFIELD ROAD?

2 SOUTHFIELD ROAD is 114m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of terraced houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ramsbottom, and where 2 SOUTHFIELD ROAD lies on this distribution: 46% of terraced houses houses are smaller than 2 SOUTHFIELD ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

2 SOUTHFIELD ROAD: Plot and Title Map

2 SOUTHFIELD ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 SOUTHFIELD ROAD, 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 2 SOUTHFIELD ROAD). 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 2 SOUTHFIELD ROAD?

2 SOUTHFIELD ROAD is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 2 on SOUTHFIELD ROAD.