1, MINDEN CLOSE, BURY, BL8 2LH - £329,950

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 MINDEN CLOSE is a very large extended detached house of 162m², built sometime between 1950 and 1966, which could now be worth an estimated £529,623. It was last sold for £329,950 in August 2016, which was around 36% above the average August 2016 detached price in the Bury local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

1 MINDEN CLOSE Sold Prices

Land registry data shows two sales for 1 MINDEN 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. One of the two 1 MINDEN CLOSE sales was for above the average price, whilst the other was 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
2016 19 AUG	£329,950	£243,100	36% above HPI
2006 12 OCT	£160,000	£218,713	27% below HPI

1 MINDEN 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 MINDEN CLOSE sales from October 2006 and August 2016 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 October 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 1 MINDEN CLOSE be worth now?

1 MINDEN CLOSE might now be worth an estimated £529,623.

This is based on house price inflation of 60.5%, between August 2016 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 60.5% inflationary increase is applied to the most recent sale price for 1 MINDEN CLOSE of £329,950 on 19th August 2016. For the value to have increased from £329,950 to £529,623 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 MINDEN CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2016 sale price of £329,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MINDEN CLOSE has not materially changed since August 2016.

How Large is 1 MINDEN CLOSE?

1 MINDEN CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 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 MINDEN CLOSE lies on this distribution: 89% of detached houses houses are smaller than 1 MINDEN CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 MINDEN CLOSE: Plot and Title Map

1 MINDEN CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 1 MINDEN 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 MINDEN 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 MINDEN CLOSE?

1 MINDEN CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 1 on MINDEN CLOSE.