2, MORAY CLOSE, RAMSBOTTOM, BURY, BL0 9YS - £440,000

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 MORAY CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £486,003. It was last sold for £440,000 in January 2022, which was around 25% above the average January 2022 detached price in the Bury local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 MORAY CLOSE Sold Prices

Land registry data shows two sales for 2 MORAY 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 MORAY 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
2022 14 JAN	£440,000	£353,279	25% above HPI
2001 9 NOV	£142,000	£108,806	31% above HPI

2 MORAY 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 MORAY CLOSE sales from November 2001 and January 2022 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 November 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 MORAY CLOSE be worth now?

2 MORAY CLOSE might now be worth an estimated £486,003.

This is based on house price inflation of 10.5%, between January 2022 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 10.5% inflationary increase is applied to the most recent sale price for 2 MORAY CLOSE of £440,000 on 14th January 2022. For the value to have increased from £440,000 to £486,003 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 MORAY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The January 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORAY CLOSE has not materially changed since January 2022.

How Large is 2 MORAY CLOSE?

2 MORAY CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 MORAY CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 MORAY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

2 MORAY CLOSE: Plot and Title Map

2 MORAY CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 MORAY 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 MORAY 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 MORAY CLOSE?

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