24, NUTTALL LANE, RAMSBOTTOM, BURY, BL0 9JP - £80,000

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 NUTTALL LANE is a very small extended terraced house of 68m², built sometime before 1900, which could now be worth an estimated £160,188. It was last sold for £80,000 in November 2010, which was around 19% below the average November 2010 terraced price in the Bury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

24 NUTTALL LANE Sold Prices

Land registry data shows three sales for 24 NUTTALL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Two of the three 24 NUTTALL LANE 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
2010 5 NOV	£80,000	£99,226	19% below HPI
1999 31 MAR	£37,000	£34,729	7% above HPI
1996 23 AUG	£30,500	£32,462	6% below HPI

24 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 three 24 NUTTALL LANE sales between August 1996 and November 2010 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 March 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2010 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 24 NUTTALL LANE be worth now?

24 NUTTALL LANE might now be worth an estimated £160,188.

This is based on house price inflation of 100.2%, between November 2010 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 100.2% inflationary increase is applied to the most recent sale price for 24 NUTTALL LANE of £80,000 on 5th November 2010. For the value to have increased from £80,000 to £160,188 over the sixteen years and six months to May 2026, the following assumptions must hold true:

• The value of 24 NUTTALL LANE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The November 2010 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NUTTALL LANE has not materially changed since November 2010.

How Large is 24 NUTTALL LANE?

24 NUTTALL LANE is 68m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of terraced houses in Ramsbottom, based on EPC data. The below chart shows the distribution of terraced houses by size in Ramsbottom, and where 24 NUTTALL LANE lies on this distribution: 16% of terraced houses are smaller than 24 NUTTALL LANE, and 82% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

Where is 24 NUTTALL LANE?

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