14, FINCHLEY CLOSE, BURY, BL8 2EJ - £320,000

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.

14 FINCHLEY CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £331,208. It was last sold for £320,000 in August 2022, which was around 15% below the average August 2022 detached price in the Bury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

14 FINCHLEY CLOSE Sold Prices

Land registry data shows three sales for 14 FINCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 14 FINCHLEY 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
2022 12 AUG	£320,000	£377,010	15% below HPI
2007 16 NOV	£187,000	£234,398	20% below HPI
2001 19 JUL	£94,950	£103,801	9% below HPI

14 FINCHLEY 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 three 14 FINCHLEY CLOSE sales between July 2001 and August 2022 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 November 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 FINCHLEY CLOSE be worth now?

14 FINCHLEY CLOSE might now be worth an estimated £331,208.

This is based on house price inflation of 3.5%, between August 2022 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 3.5% inflationary increase is applied to the most recent sale price for 14 FINCHLEY CLOSE of £320,000 on 12th August 2022. For the value to have increased from £320,000 to £331,208 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 14 FINCHLEY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FINCHLEY CLOSE has not materially changed since August 2022.

How Large is 14 FINCHLEY CLOSE?

14 FINCHLEY CLOSE is 72m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 14 FINCHLEY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 14 FINCHLEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bury.

14 FINCHLEY CLOSE: Plot and Title Map

14 FINCHLEY CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 14 FINCHLEY 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 14 FINCHLEY 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 14 FINCHLEY CLOSE?

14 FINCHLEY CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 14 on FINCHLEY CLOSE.