24, SOUTHFIELD ROAD, RAMSBOTTOM, BURY, BL0 9ST - £260,000

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.

24 SOUTHFIELD ROAD is a very small extended semi-detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £298,045. It was last sold for £260,000 in April 2022, which was around 12% above the average April 2022 semi-detached price in the Bury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was C.

24 SOUTHFIELD ROAD Sold Prices

Land registry data shows two sales for 24 SOUTHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. Both of the two 24 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
2022 29 APR	£260,000	£231,893	12% above HPI
2014 23 MAY	£159,000	£130,957	21% above HPI

24 SOUTHFIELD ROAD 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 two 24 SOUTHFIELD ROAD sales from May 2014 and April 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 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 24 SOUTHFIELD ROAD be worth now?

24 SOUTHFIELD ROAD might now be worth an estimated £298,045.

This is based on house price inflation of 14.6%, between April 2022 and May 2026, 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 14.6% inflationary increase is applied to the most recent sale price for 24 SOUTHFIELD ROAD of £260,000 on 29th April 2022. For the value to have increased from £260,000 to £298,045 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 24 SOUTHFIELD ROAD has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The April 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOUTHFIELD ROAD has not materially changed since April 2022.

How Large is 24 SOUTHFIELD ROAD?

24 SOUTHFIELD ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of semi-detached houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsbottom, and where 24 SOUTHFIELD ROAD lies on this distribution: 16% of semi-detached houses houses are smaller than 24 SOUTHFIELD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

24 SOUTHFIELD ROAD: Plot and Title Map

24 SOUTHFIELD ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 24 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 24 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 24 SOUTHFIELD ROAD?

24 SOUTHFIELD ROAD is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 24 on SOUTHFIELD ROAD.