2, BURRS CLOSE, BURY, BL8 1JU - £204,000

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 BURRS CLOSE is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £204,000 in November 2015, which was around 16% below the average November 2015 detached price in the Bury local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 BURRS CLOSE Sold Prices

Land registry data shows four sales for 2 BURRS 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 2 BURRS 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
2015 6 NOV	£204,000	£242,501	16% below HPI
2004 6 FEB	£167,950	£174,282	4% below HPI
2000 28 JUL	£93,000	£97,737	5% below HPI
1999 12 NOV	£84,950	£92,860	9% below HPI

2 BURRS 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 2 BURRS CLOSE sales between November 1999 and November 2015 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 BURRS CLOSE?

2 BURRS CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% 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 BURRS CLOSE lies on this distribution: 22% of detached houses are smaller than 2 BURRS CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 BURRS CLOSE: Plot and Title Map

2 BURRS CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 BURRS 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 BURRS 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 BURRS CLOSE?

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