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

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.

31 ORWELL CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £265,813. It was last sold for £142,500 in December 2013, which was around 32% 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	£209,191	32% below HPI
2003 23 MAY	£106,000	£146,320	28% below HPI
1999 10 DEC	£69,000	£89,680	23% below HPI
1995 10 JUL	£56,500	£73,644	23% below HPI
1995 28 APR	£47,000	£73,715	36% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 31 ORWELL CLOSE be worth now?

31 ORWELL CLOSE might now be worth an estimated £265,813.

This is based on house price inflation of 86.5%, between December 2013 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 86.5% inflationary increase is applied to the most recent sale price for 31 ORWELL CLOSE of £142,500 on 20th December 2013. For the value to have increased from £142,500 to £265,813 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 ORWELL CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The December 2013 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 31 ORWELL CLOSE has not materially changed since December 2013.

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 houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 31 ORWELL CLOSE lies on this distribution: 2% of detached houses 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.