2, SKEGNESS CLOSE, BURY, BL8 1EQ - £140,000

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 SKEGNESS CLOSE is a large extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £142,758. It was last sold for £140,000 in August 2024, which was around 63% below the average August 2024 detached price in the Bury local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

2 SKEGNESS CLOSE Sold Prices

Land registry data shows three sales for 2 SKEGNESS 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. One of the three 2 SKEGNESS CLOSE sales was for below the average price, whilst two 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
2024 27 AUG	£140,000	£382,676	63% below HPI
2016 2 SEP	£258,500	£243,621	6% above HPI
1996 31 JUL	£89,950	£74,139	21% above HPI

2 SKEGNESS 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 SKEGNESS CLOSE sales between July 1996 and August 2024 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 September 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2024 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 2 SKEGNESS CLOSE be worth now?

2 SKEGNESS CLOSE might now be worth an estimated £142,758.

This is based on house price inflation of 2%, between August 2024 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 2% inflationary increase is applied to the most recent sale price for 2 SKEGNESS CLOSE of £140,000 on 27th August 2024. For the value to have increased from £140,000 to £142,758 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 2 SKEGNESS CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2024 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SKEGNESS CLOSE has not materially changed since August 2024.

How Large is 2 SKEGNESS CLOSE?

2 SKEGNESS CLOSE is 119m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% 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 SKEGNESS CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 SKEGNESS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 SKEGNESS CLOSE: Plot and Title Map

2 SKEGNESS CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 SKEGNESS 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 SKEGNESS 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 SKEGNESS CLOSE?

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