22, LILBURN CLOSE, RAMSBOTTOM, BURY, BL0 9LY - £189,950

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

22 LILBURN CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £315,403. It was last sold for £189,950 in May 2016, which was around 20% below the average May 2016 detached price in the Bury local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

22 LILBURN CLOSE Sold Prices

Land registry data shows three sales for 22 LILBURN 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 22 LILBURN 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
2016 27 MAY	£189,950	£237,142	20% below HPI
2011 22 JUL	£175,000	£203,041	14% below HPI
2006 30 NOV	£146,000	£219,222	33% below HPI

22 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 three 22 LILBURN CLOSE sales between November 2006 and May 2016 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 July 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 22 LILBURN CLOSE be worth now?

22 LILBURN CLOSE might now be worth an estimated £315,403.

This is based on house price inflation of 66%, between May 2016 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 66% inflationary increase is applied to the most recent sale price for 22 LILBURN CLOSE of £189,950 on 27th May 2016. For the value to have increased from £189,950 to £315,403 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 22 LILBURN CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The May 2016 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 22 LILBURN CLOSE has not materially changed since May 2016.

How Large is 22 LILBURN CLOSE?

22 LILBURN CLOSE is 63m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% 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 22 LILBURN CLOSE lies on this distribution: 2% of detached houses houses are smaller than 22 LILBURN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

22 LILBURN CLOSE: Plot and Title Map

22 LILBURN CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 22 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 22 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 22 LILBURN CLOSE?

22 LILBURN CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 22 on LILBURN CLOSE.