3, WRAGBY CLOSE, BURY, BL8 1XD - £243,500

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 WRAGBY CLOSE is a very large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £432,147. It was last sold for £243,500 in August 2014, which was around 11% above the average August 2014 detached price in the Bury local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

3 WRAGBY CLOSE Sold Prices

Land registry data shows three sales for 3 WRAGBY 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 WRAGBY 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
2014 8 AUG	£243,500	£219,873	11% above HPI
2008 25 JAN	£225,000	£235,158	4% below HPI
2001 27 JUL	£128,500	£103,801	24% above HPI

3 WRAGBY 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 WRAGBY CLOSE sales between July 2001 and August 2014 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 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 WRAGBY CLOSE be worth now?

3 WRAGBY CLOSE might now be worth an estimated £432,147.

This is based on house price inflation of 77.5%, between August 2014 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 77.5% inflationary increase is applied to the most recent sale price for 3 WRAGBY CLOSE of £243,500 on 8th August 2014. For the value to have increased from £243,500 to £432,147 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 WRAGBY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2014 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WRAGBY CLOSE has not materially changed since August 2014.

How Large is 3 WRAGBY CLOSE?

3 WRAGBY CLOSE is 140m², which includes three extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 3 WRAGBY CLOSE lies on this distribution: 80% of detached houses houses are smaller than 3 WRAGBY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 WRAGBY CLOSE: Plot and Title Map

3 WRAGBY CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 WRAGBY 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 WRAGBY 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 WRAGBY CLOSE?

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