31, ORWELL CLOSE, BURY, BL8 1UU - £142,500

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

31 ORWELL CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £142,500 in December 2013, which was around 34% below the average December 2013 detached price in the Bury local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

31 ORWELL CLOSE Sold Prices

Land registry data shows five sales for 31 ORWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the five 31 ORWELL 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
2013 20 DEC	£142,500	£217,062	34% below HPI
2003 23 MAY	£106,000	£151,825	30% below HPI
1999 10 DEC	£69,000	£93,054	26% below HPI
1995 10 JUL	£56,500	£76,415	26% below HPI
1995 28 APR	£47,000	£76,488	39% below HPI

31 ORWELL 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 five 31 ORWELL CLOSE sales between April 1995 and December 2013 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 May 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 31 ORWELL CLOSE?

31 ORWELL CLOSE is 60m² according to the EPC inspection conducted in July 2013. 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 31 ORWELL CLOSE lies on this distribution: 2% of detached houses are smaller than 31 ORWELL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bury.

31 ORWELL CLOSE: Plot and Title Map

31 ORWELL CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 31 ORWELL 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 31 ORWELL 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 31 ORWELL CLOSE?

31 ORWELL CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 31 on ORWELL CLOSE.