2, SPRING CLOSE, TOTTINGTON, BURY, BL8 3SA - £280,000

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 SPRING CLOSE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £280,000 in December 2020, which was around 16% below the average December 2020 detached price in the Bury local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 SPRING CLOSE Sold Prices

Land registry data shows four sales for 2 SPRING 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 SPRING 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
2020 17 DEC	£280,000	£333,985	16% below HPI
2018 1 JUN	£235,000	£279,192	16% below HPI
2001 4 MAY	£60,000	£104,358	43% below HPI
1998 17 JUL	£81,000	£85,510	5% below HPI

2 SPRING 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 SPRING CLOSE sales between July 1998 and December 2020 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 June 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, which was also at 16% below the HPI.

How Large is 2 SPRING CLOSE?

2 SPRING CLOSE is 96m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% 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 SPRING CLOSE lies on this distribution: 33% of detached houses are smaller than 2 SPRING CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 SPRING CLOSE: Plot and Title Map

2 SPRING CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 SPRING 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 SPRING 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 SPRING CLOSE?

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