3, SILVERMERE CLOSE, RAMSBOTTOM, BURY, BL0 9WH - £385,000

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 SILVERMERE CLOSE is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £385,000 in March 2024, which was around 3% below the average March 2024 detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 SILVERMERE CLOSE Sold Prices

Land registry data shows three sales for 3 SILVERMERE 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. One of the three 3 SILVERMERE CLOSE sales was for below the average price, whilst two were for above 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
2024 8 MAR	£385,000	£397,579	3% below HPI
2011 31 JAN	£249,995	£214,812	16% above HPI
2002 31 OCT	£149,950	£138,579	8% above HPI

3 SILVERMERE 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 SILVERMERE CLOSE sales between October 2002 and March 2024 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 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 SILVERMERE CLOSE?

3 SILVERMERE CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 SILVERMERE CLOSE lies on this distribution: 35% of detached houses are smaller than 3 SILVERMERE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

3 SILVERMERE CLOSE: Plot and Title Map

3 SILVERMERE CLOSE sits on a plot of roughly 6.1 acres, or 24,729m². The below map shows the location of 3 SILVERMERE 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 SILVERMERE 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 SILVERMERE CLOSE?

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