3, PALMERSTON CLOSE, RAMSBOTTOM, BURY, BL0 9YN - £250,000

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

3 PALMERSTON CLOSE is a midsized extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £480,098. It was last sold for £250,000 in November 2012, which was around 22% above the average November 2012 detached price in the Bury local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 PALMERSTON CLOSE Sold Prices

Land registry data shows three sales for 3 PALMERSTON 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 PALMERSTON 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
2012 9 NOV	£250,000	£205,043	22% above HPI
2004 26 NOV	£205,000	£201,559	2% above HPI
2004 19 NOV	£200,000	£201,559	1% below HPI

3 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 three 3 PALMERSTON CLOSE sales between November 2004 and November 2012 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 November 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 PALMERSTON CLOSE be worth now?

3 PALMERSTON CLOSE might now be worth an estimated £480,098.

This is based on house price inflation of 92%, between November 2012 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 92% inflationary increase is applied to the most recent sale price for 3 PALMERSTON CLOSE of £250,000 on 9th November 2012. For the value to have increased from £250,000 to £480,098 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 PALMERSTON CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The November 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PALMERSTON CLOSE has not materially changed since November 2012.

How Large is 3 PALMERSTON CLOSE?

3 PALMERSTON CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 PALMERSTON CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 PALMERSTON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

3 PALMERSTON CLOSE: Plot and Title Map

3 PALMERSTON CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 3 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 3 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 3 PALMERSTON CLOSE?

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