18, NUTTALL LANE, RAMSBOTTOM, BURY, BL0 9JP - £155,000

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.

18 NUTTALL LANE is a midsized terraced house of 77m², built sometime before 1900, which could now be worth an estimated £184,421. It was last sold for £155,000 in January 2022, which was around 7% below the average January 2022 terraced price in the Bury local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

18 NUTTALL LANE Sold Prices

Land registry data shows four sales for 18 NUTTALL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Most of the four 18 NUTTALL LANE 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
2022 21 JAN	£155,000	£166,988	7% below HPI
2018 22 NOV	£106,000	£133,533	21% below HPI
2001 19 FEB	£43,000	£39,318	9% above HPI
1997 14 FEB	£33,000	£33,530	2% below HPI

18 NUTTALL LANE 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 18 NUTTALL LANE sales between February 1997 and January 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 November 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 18 NUTTALL LANE be worth now?

18 NUTTALL LANE might now be worth an estimated £184,421.

This is based on house price inflation of 19%, between January 2022 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 19% inflationary increase is applied to the most recent sale price for 18 NUTTALL LANE of £155,000 on 21st January 2022. For the value to have increased from £155,000 to £184,421 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 18 NUTTALL LANE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The January 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NUTTALL LANE has not materially changed since January 2022.

How Large is 18 NUTTALL LANE?

18 NUTTALL LANE is 77m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of terraced houses in Ramsbottom, based on EPC data. The below chart shows the distribution of terraced houses by size in Ramsbottom, and where 18 NUTTALL LANE lies on this distribution: 43% of terraced houses are smaller than 18 NUTTALL LANE, and 55% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

Where is 18 NUTTALL LANE?

18 NUTTALL LANE is located in RAMSBOTTOM, in the BL0 postcode district.