2, VANGUARD CLOSE, BURY, BL8 1NF - £225,500

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 VANGUARD CLOSE is a small detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £299,016. It was last sold for £225,500 in February 2020, which was around 23% below the average February 2020 detached price in the Bury local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 VANGUARD CLOSE Sold Prices

Land registry data shows three sales for 2 VANGUARD 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 VANGUARD 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 21 FEB	£225,500	£294,277	23% below HPI
2014 11 AUG	£185,000	£219,873	16% below HPI
2005 23 SEP	£189,950	£214,893	12% below HPI

2 VANGUARD 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 VANGUARD CLOSE sales between September 2005 and February 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 August 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 VANGUARD CLOSE be worth now?

2 VANGUARD CLOSE might now be worth an estimated £299,016.

This is based on house price inflation of 32.6%, between February 2020 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 32.6% inflationary increase is applied to the most recent sale price for 2 VANGUARD CLOSE of £225,500 on 21st February 2020. For the value to have increased from £225,500 to £299,016 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 VANGUARD CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2020 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 2 VANGUARD CLOSE has not materially changed since February 2020.

How Large is 2 VANGUARD CLOSE?

2 VANGUARD CLOSE is 98m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 VANGUARD CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 VANGUARD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 VANGUARD CLOSE: Plot and Title Map

2 VANGUARD CLOSE sits on a plot of roughly 0.659 of an acre, or 2,667m². The below map shows the location of 2 VANGUARD 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 VANGUARD 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 VANGUARD CLOSE?

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