25, PALMERSTON CLOSE, RAMSBOTTOM, BURY, BL0 9YN - £390,000

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

25 PALMERSTON CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £443,245. It was last sold for £390,000 in September 2021, which was around 13% above the average September 2021 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 B.

25 PALMERSTON CLOSE Sold Prices

Land registry data shows two sales for 25 PALMERSTON 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 25 PALMERSTON 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
2021 30 SEP	£390,000	£346,462	13% above HPI
2017 18 MAY	£265,000	£256,124	3% above HPI

25 PALMERSTON 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 25 PALMERSTON CLOSE sales from May 2017 and September 2021 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 May 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 25 PALMERSTON CLOSE be worth now?

25 PALMERSTON CLOSE might now be worth an estimated £443,245.

This is based on house price inflation of 13.7%, between September 2021 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 13.7% inflationary increase is applied to the most recent sale price for 25 PALMERSTON CLOSE of £390,000 on 30th September 2021. For the value to have increased from £390,000 to £443,245 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 25 PALMERSTON CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The September 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 25 PALMERSTON CLOSE has not materially changed since September 2021.

How Large is 25 PALMERSTON CLOSE?

25 PALMERSTON CLOSE is 96m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 25 PALMERSTON CLOSE lies on this distribution: 26% of detached houses houses are smaller than 25 PALMERSTON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

25 PALMERSTON CLOSE: Plot and Title Map

25 PALMERSTON CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 25 PALMERSTON 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 25 PALMERSTON 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 25 PALMERSTON CLOSE?

25 PALMERSTON CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 25 on PALMERSTON CLOSE.