2, GREENWAY CLOSE, BURY, BL8 1PE - £222,500

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.

2 GREENWAY CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £303,306. It was last sold for £222,500 in March 2019, which was around 22% below the average March 2019 detached price in the Bury local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 GREENWAY CLOSE Sold Prices

Land registry data shows three sales for 2 GREENWAY 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 2 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
2019 4 MAR	£222,500	£286,255	22% below HPI
2015 1 JUL	£181,000	£226,488	20% below HPI
2008 20 AUG	£187,500	£227,318	18% below HPI

2 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 three 2 GREENWAY CLOSE sales between August 2008 and March 2019 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 GREENWAY CLOSE be worth now?

2 GREENWAY CLOSE might now be worth an estimated £303,306.

This is based on house price inflation of 36.3%, between March 2019 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 36.3% inflationary increase is applied to the most recent sale price for 2 GREENWAY CLOSE of £222,500 on 4th March 2019. For the value to have increased from £222,500 to £303,306 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 GREENWAY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The March 2019 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENWAY CLOSE has not materially changed since March 2019.

How Large is 2 GREENWAY CLOSE?

2 GREENWAY CLOSE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 2 GREENWAY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 GREENWAY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 GREENWAY CLOSE: Plot and Title Map

2 GREENWAY CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 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 2 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 2 GREENWAY CLOSE?

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