28, NUTTALL LANE, RAMSBOTTOM, BURY, BL0 9JP - £127,000

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.

28 NUTTALL LANE is a very small extended terraced house of 67m², built sometime before 1900, which could now be worth an estimated £188,410. It was last sold for £127,000 in February 2019, which was around 5% below the average February 2019 terraced price in the Bury local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

28 NUTTALL LANE Sold Prices

Land registry data shows three sales for 28 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. All of the three 28 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
2019 22 FEB	£127,000	£133,926	5% below HPI
2007 26 JUN	£95,000	£113,526	16% below HPI
2005 22 APR	£89,950	£93,433	4% below HPI

28 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 28 NUTTALL LANE sales between April 2005 and February 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 June 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 28 NUTTALL LANE be worth now?

28 NUTTALL LANE might now be worth an estimated £188,410.

This is based on house price inflation of 48.4%, between February 2019 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 48.4% inflationary increase is applied to the most recent sale price for 28 NUTTALL LANE of £127,000 on 22nd February 2019. For the value to have increased from £127,000 to £188,410 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 28 NUTTALL LANE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The February 2019 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 28 NUTTALL LANE has not materially changed since February 2019.

How Large is 28 NUTTALL LANE?

28 NUTTALL LANE is 67m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 28 NUTTALL LANE lies on this distribution: 14% of terraced houses are smaller than 28 NUTTALL LANE, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

Where is 28 NUTTALL LANE?

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