3, PREESALL CLOSE, BURY, BL8 2JL - £250,000

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 PREESALL CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2019, which was around 17% below the average October 2019 detached price in the Bury local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

3 PREESALL CLOSE Sold Prices

Land registry data shows two sales for 3 PREESALL 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 3 PREESALL 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
2019 29 OCT	£250,000	£300,570	17% below HPI
2012 20 AUG	£194,000	£214,455	10% below HPI

3 PREESALL 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 3 PREESALL CLOSE sales from August 2012 and October 2019 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 August 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 PREESALL CLOSE?

3 PREESALL CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% 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 PREESALL CLOSE lies on this distribution: 10% of detached houses are smaller than 3 PREESALL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 PREESALL CLOSE: Plot and Title Map

3 PREESALL CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 3 PREESALL 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 PREESALL 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 PREESALL CLOSE?

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