1, BURRS LEA CLOSE, BURY, BL9 5HT - £183,500

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.

1 BURRS LEA CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £273,066. It was last sold for £183,500 in June 2017, which was around 30% below the average June 2017 detached price in the Bury local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

1 BURRS LEA CLOSE Sold Prices

Land registry data shows two sales for 1 BURRS LEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 1 BURRS LEA CLOSE 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
2017 19 JUN	£183,500	£262,224	30% below HPI
1999 29 JAN	£67,500	£82,405	18% below HPI

1 BURRS LEA CLOSE 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 two 1 BURRS LEA CLOSE sales from January 1999 and June 2017 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 January 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 BURRS LEA CLOSE be worth now?

1 BURRS LEA CLOSE might now be worth an estimated £273,066.

This is based on house price inflation of 48.8%, between June 2017 and February 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 48.8% inflationary increase is applied to the most recent sale price for 1 BURRS LEA CLOSE of £183,500 on 19th June 2017. For the value to have increased from £183,500 to £273,066 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 BURRS LEA CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The June 2017 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 1 BURRS LEA CLOSE has not materially changed since June 2017.

How Large is 1 BURRS LEA CLOSE?

1 BURRS LEA CLOSE is 76m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% 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 1 BURRS LEA CLOSE lies on this distribution: 11% of detached houses houses are smaller than 1 BURRS LEA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 BURRS LEA CLOSE: Plot and Title Map

1 BURRS LEA CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 BURRS LEA 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 LEA 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.

Where is 1 BURRS LEA CLOSE?

1 BURRS LEA CLOSE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 1 on BURRS LEA CLOSE.