4, SOWERBY CLOSE, BURY, BL8 2US - £275,000

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.

4 SOWERBY CLOSE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £440,476. It was last sold for £275,000 in September 2016, which was around 13% above the average September 2016 detached price in the Bury local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

4 SOWERBY CLOSE Sold Prices

Land registry data shows three sales for 4 SOWERBY 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. All of the three 4 SOWERBY CLOSE sales 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
2016 29 SEP	£275,000	£243,621	13% above HPI
2006 20 JAN	£245,000	£207,919	18% above HPI
1998 17 JUL	£108,000	£82,410	31% above HPI

4 SOWERBY 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 4 SOWERBY CLOSE sales between July 1998 and September 2016 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 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 SOWERBY CLOSE be worth now?

4 SOWERBY CLOSE might now be worth an estimated £440,476.

This is based on house price inflation of 60.2%, between September 2016 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 60.2% inflationary increase is applied to the most recent sale price for 4 SOWERBY CLOSE of £275,000 on 29th September 2016. For the value to have increased from £275,000 to £440,476 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 SOWERBY CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The September 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOWERBY CLOSE has not materially changed since September 2016.

How Large is 4 SOWERBY CLOSE?

4 SOWERBY CLOSE is 125m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% 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 4 SOWERBY CLOSE lies on this distribution: 68% of detached houses houses are smaller than 4 SOWERBY CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bury.

4 SOWERBY CLOSE: Plot and Title Map

4 SOWERBY CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 SOWERBY 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 4 SOWERBY 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 4 SOWERBY CLOSE?

4 SOWERBY CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 4 on SOWERBY CLOSE.