2, LILBURN CLOSE, RAMSBOTTOM, BURY, BL0 9LY - £279,000

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

2 LILBURN CLOSE is a small detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £399,655. It was last sold for £279,000 in August 2018, which was around 1% above the average August 2018 detached price in the Bury local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

2 LILBURN CLOSE Sold Prices

Land registry data shows two sales for 2 LILBURN 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. One of the two 2 LILBURN CLOSE sales was for above the average price, whilst the other was 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
2018 6 AUG	£279,000	£274,887	1% above HPI
2016 27 MAY	£233,500	£237,142	2% below HPI

2 LILBURN 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 LILBURN CLOSE sales from May 2016 and August 2018 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 May 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 LILBURN CLOSE be worth now?

2 LILBURN CLOSE might now be worth an estimated £399,655.

This is based on house price inflation of 43.2%, between August 2018 and December 2024, 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 43.2% inflationary increase is applied to the most recent sale price for 2 LILBURN CLOSE of £279,000 on 6th August 2018. For the value to have increased from £279,000 to £399,655 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 LILBURN CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2018 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LILBURN CLOSE has not materially changed since August 2018.

How Large is 2 LILBURN CLOSE?

2 LILBURN CLOSE is 93m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% of detached houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsbottom, and where 2 LILBURN CLOSE lies on this distribution: 23% of detached houses houses are smaller than 2 LILBURN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

2 LILBURN CLOSE: Plot and Title Map

2 LILBURN CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 LILBURN 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 LILBURN 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 LILBURN CLOSE?

2 LILBURN CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 2 on LILBURN CLOSE.