12, GREENWAY CLOSE, BURY, BL8 1PE - £265,000

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.

12 GREENWAY CLOSE is a large detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £376,180. It was last sold for £265,000 in August 2018, which was around 4% below the average August 2018 detached price in the Bury local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

12 GREENWAY CLOSE Sold Prices

Land registry data shows two sales for 12 GREENWAY 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 12 GREENWAY 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
2018 31 AUG	£265,000	£274,887	4% below HPI
2016 31 AUG	£222,500	£243,100	8% below HPI

12 GREENWAY 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 12 GREENWAY CLOSE sales from August 2016 and August 2018 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 August 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 GREENWAY CLOSE be worth now?

12 GREENWAY CLOSE might now be worth an estimated £376,180.

This is based on house price inflation of 42%, between August 2018 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 42% inflationary increase is applied to the most recent sale price for 12 GREENWAY CLOSE of £265,000 on 31st August 2018. For the value to have increased from £265,000 to £376,180 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 GREENWAY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREENWAY CLOSE has not materially changed since August 2018.

How Large is 12 GREENWAY CLOSE?

12 GREENWAY CLOSE is 131m² according to the EPC inspection conducted in May 2016. This puts it in the largest 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 12 GREENWAY CLOSE lies on this distribution: 73% of detached houses houses are smaller than 12 GREENWAY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bury.

12 GREENWAY CLOSE: Plot and Title Map

12 GREENWAY CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 12 GREENWAY 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 12 GREENWAY 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 12 GREENWAY CLOSE?

12 GREENWAY CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 12 on GREENWAY CLOSE.