2, BANK HALL CLOSE, BURY, BL8 2UL - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 BANK HALL CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £230,000 in August 2020, which was around 28% below the average August 2020 detached price in the Bury local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 BANK HALL CLOSE Sold Prices

Land registry data shows two sales for 2 BANK HALL 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 2 BANK HALL 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
2020 21 AUG	£230,000	£321,241	28% below HPI
1995 10 FEB	£67,950	£75,094	10% below HPI

2 BANK HALL 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 2 BANK HALL CLOSE sales from February 1995 and August 2020 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 February 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 BANK HALL CLOSE?

2 BANK HALL CLOSE is 67m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 2 BANK HALL CLOSE lies on this distribution: 4% of detached houses are smaller than 2 BANK HALL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 BANK HALL CLOSE: Plot and Title Map

2 BANK HALL CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 2 BANK HALL 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 2 BANK HALL 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 2 BANK HALL CLOSE?

2 BANK HALL CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 2 on BANK HALL CLOSE.