3, BANK HALL CLOSE, BURY, BL8 2UL - £334,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 BANK HALL CLOSE is a small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £334,000 in March 2023, which was around 14% below the average March 2023 detached price in the Bury local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 BANK HALL CLOSE Sold Prices

Land registry data shows three sales for 3 BANK HALL 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 3 BANK HALL 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
2023 13 MAR	£334,000	£389,709	14% below HPI
2013 24 MAY	£165,000	£211,355	22% below HPI
2004 19 MAR	£154,995	£175,384	12% below HPI

3 BANK HALL 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 3 BANK HALL CLOSE sales between March 2004 and March 2023 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 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 BANK HALL CLOSE?

3 BANK HALL CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 3 BANK HALL CLOSE lies on this distribution: 34% of detached houses are smaller than 3 BANK HALL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 BANK HALL CLOSE: Plot and Title Map

3 BANK HALL CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 3 BANK HALL 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 3 BANK HALL 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 3 BANK HALL CLOSE?

3 BANK HALL CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 3 on BANK HALL CLOSE.