3, GREENMOUNT CLOSE, GREENMOUNT, BURY, BL8 4HN - £585,000

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.

3 GREENMOUNT CLOSE is a small detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £681,215. It was last sold for £585,000 in May 2021, which was around 75% above the average May 2021 detached price in the Bury local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

3 GREENMOUNT CLOSE Sold Prices

Land registry data shows three sales for 3 GREENMOUNT 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. Two of the three 3 GREENMOUNT CLOSE sales were for above the average price, whilst one was 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
2021 7 MAY	£585,000	£335,101	75% above HPI
1999 19 OCT	£48,000	£88,504	46% below HPI
1995 14 AUG	£174,950	£73,341	139% above HPI

3 GREENMOUNT 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 GREENMOUNT CLOSE sales between August 1995 and May 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 October 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 3 GREENMOUNT CLOSE be worth now?

3 GREENMOUNT CLOSE might now be worth an estimated £681,215.

This is based on house price inflation of 16.4%, between May 2021 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 16.4% inflationary increase is applied to the most recent sale price for 3 GREENMOUNT CLOSE of £585,000 on 7th May 2021. For the value to have increased from £585,000 to £681,215 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 3 GREENMOUNT CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The May 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREENMOUNT CLOSE has not materially changed since May 2021.

How Large is 3 GREENMOUNT CLOSE?

3 GREENMOUNT CLOSE is 106m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% 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 3 GREENMOUNT CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 GREENMOUNT CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

3 GREENMOUNT CLOSE: Plot and Title Map

3 GREENMOUNT CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 3 GREENMOUNT 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 GREENMOUNT 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 GREENMOUNT CLOSE?

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