1, PARKHILLS CLOSE, BURY, BL9 9HB - £160,000

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.

1 PARKHILLS CLOSE is a small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £285,914. It was last sold for £160,000 in December 2014, which was around 27% below the average December 2014 detached price in the Bury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 PARKHILLS CLOSE Sold Prices

Land registry data shows two sales for 1 PARKHILLS 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 PARKHILLS 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
2014 18 DEC	£160,000	£218,368	27% below HPI
2004 16 JAN	£135,000	£169,046	20% below HPI

1 PARKHILLS 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 PARKHILLS CLOSE sales from January 2004 and December 2014 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 PARKHILLS CLOSE be worth now?

1 PARKHILLS CLOSE might now be worth an estimated £285,914.

This is based on house price inflation of 78.7%, between December 2014 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 78.7% inflationary increase is applied to the most recent sale price for 1 PARKHILLS CLOSE of £160,000 on 18th December 2014. For the value to have increased from £160,000 to £285,914 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 PARKHILLS CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The December 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARKHILLS CLOSE has not materially changed since December 2014.

How Large is 1 PARKHILLS CLOSE?

1 PARKHILLS CLOSE is 90m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 PARKHILLS CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 PARKHILLS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bury.

1 PARKHILLS CLOSE: Plot and Title Map

1 PARKHILLS CLOSE sits on a plot of roughly 1.0 acres, or 4,161m². The below map shows the location of 1 PARKHILLS 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 PARKHILLS 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 PARKHILLS CLOSE?

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