Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 BURRS CLOSE is a very large extended detached house of 222m², built sometime between 1991 and 1995. It was last sold for £437,000 in August 2015, which was around 83% above the average August 2015 detached price in the Bury local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 1 BURRS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 1 BURRS CLOSE 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 |
---|---|---|---|
2015 7 AUG | £437,000 | £239,396 | 83% above HPI |
2003 19 DEC | £290,000 | £173,501 | 67% above HPI |
2003 17 MAR | £199,950 | £145,202 | 38% above HPI |
2001 21 SEP | £140,000 | £113,290 | 24% above HPI |
The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The four 1 BURRS CLOSE sales between September 2001 and August 2015 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 December 2003 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the August 2015 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.
1 BURRS CLOSE is 222m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 1 BURRS CLOSE lies on this distribution: 98% of detached houses are smaller than 1 BURRS CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bury.
1 BURRS CLOSE sits on a plot of roughly 1.4 acres, or 5,617m². The below map shows the location of 1 BURRS CLOSE, 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 1 BURRS CLOSE). 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.
1 BURRS CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 1 on BURRS CLOSE.