6, PARKGATE, WALSHAW, BURY, BL8 3DA - £217,500

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.

6 PARKGATE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £299,825. It was last sold for £217,500 in August 2019, which was around 25% below the average August 2019 detached price in the Bury local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

6 PARKGATE Sold Prices

Land registry data shows three sales for 6 PARKGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 6 PARKGATE sales were 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
2019 2 AUG	£217,500	£288,448	25% below HPI
2010 21 MAY	£174,000	£213,975	19% below HPI
2005 22 JUL	£172,950	£210,701	18% below HPI

6 PARKGATE 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 three 6 PARKGATE sales between July 2005 and August 2019 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 PARKGATE be worth now?

6 PARKGATE might now be worth an estimated £299,825.

This is based on house price inflation of 37.9%, between August 2019 and August 2025, for 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 37.9% inflationary increase is applied to the most recent sale price for 6 PARKGATE of £217,500 on 2nd August 2019. For the value to have increased from £217,500 to £299,825 over the six years to August 2025, the following assumptions must hold true:

• The value of 6 PARKGATE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2019 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PARKGATE has not materially changed since August 2019.

How Large is 6 PARKGATE?

6 PARKGATE is 62m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 6 PARKGATE lies on this distribution: 2% of detached houses houses are smaller than 6 PARKGATE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bury.

6 PARKGATE: Plot and Title Map

6 PARKGATE sits on a plot of roughly 13.1 acres, or 53,136m². The below map shows the location of 6 PARKGATE, 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 6 PARKGATE). 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 6 PARKGATE?

6 PARKGATE is located in WALSHAW, in the BL8 postcode district. The below map shows the position of No. 6 on PARKGATE.