15, LOWTHER CLOSE, PRESTWICH, MANCHESTER, M25 9LN - £388,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 LOWTHER CLOSE is a midsized extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £648,009. It was last sold for £388,500 in February 2016, which was around 66% above the average February 2016 detached price in the Bury local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

15 LOWTHER CLOSE Sold Prices

Land registry data shows four sales for 15 LOWTHER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 15 LOWTHER CLOSE sales were for above 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 18 FEB	£388,500	£233,945	66% above HPI
2005 18 AUG	£308,000	£213,110	45% above HPI
2001 10 APR	£155,000	£97,743	59% above HPI
1995 24 MAR	£127,500	£72,757	75% above HPI

15 LOWTHER 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 four 15 LOWTHER CLOSE sales between March 1995 and February 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 August 2005 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2016 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 15 LOWTHER CLOSE be worth now?

15 LOWTHER CLOSE might now be worth an estimated £648,009.

This is based on house price inflation of 66.8%, between February 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 66.8% inflationary increase is applied to the most recent sale price for 15 LOWTHER CLOSE of £388,500 on 18th February 2016. For the value to have increased from £388,500 to £648,009 over the nine years to February 2025, the following assumptions must hold true:

• The value of 15 LOWTHER CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2016 sale price of £388,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LOWTHER CLOSE has not materially changed since February 2016.

How Large is 15 LOWTHER CLOSE?

15 LOWTHER CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 15 LOWTHER CLOSE lies on this distribution: 46% of detached houses houses are smaller than 15 LOWTHER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

15 LOWTHER CLOSE: Plot and Title Map

15 LOWTHER CLOSE sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 15 LOWTHER 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 15 LOWTHER 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 15 LOWTHER CLOSE?

15 LOWTHER CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 15 on LOWTHER CLOSE.