3, LILBURN CLOSE, RAMSBOTTOM, BURY, BL0 9LY - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 LILBURN CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2016, which was around 7% below the average January 2016 detached price in the Bury local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 LILBURN CLOSE Sold Prices

Land registry data shows four sales for 3 LILBURN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Most of the four 3 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 11 JAN	£225,000	£242,553	7% below HPI
2006 20 JAN	£220,000	£215,742	2% above HPI
2001 5 MAR	£95,000	£99,680	5% below HPI
1996 13 MAR	£67,000	£76,883	13% below HPI

3 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 four 3 LILBURN CLOSE sales between March 1996 and January 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 January 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 LILBURN CLOSE?

3 LILBURN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbottom, and where 3 LILBURN CLOSE lies on this distribution: 36% of detached houses are smaller than 3 LILBURN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

3 LILBURN CLOSE: Plot and Title Map

3 LILBURN CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 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 3 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 3 LILBURN CLOSE?

3 LILBURN CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 3 on LILBURN CLOSE.