5, CLEVELAND CLOSE, RAMSBOTTOM, BURY, BL0 9FH - £174,500

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.

5 CLEVELAND CLOSE is a large detached house of 145m², built sometime between 1991 and 1995, which could now be worth an estimated £357,702. It was last sold for £174,500 in August 2004, which was around 8% below the average August 2004 detached price in the Bury local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

5 CLEVELAND CLOSE Sold Prices

Land registry data shows two sales for 5 CLEVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 5 CLEVELAND 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
2004 16 AUG	£174,500	£190,361	8% below HPI
2002 8 JUL	£120,500	£127,318	5% below HPI

5 CLEVELAND 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 two 5 CLEVELAND CLOSE sales from July 2002 and August 2004 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 July 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2004 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 CLEVELAND CLOSE be worth now?

5 CLEVELAND CLOSE might now be worth an estimated £357,702.

This is based on house price inflation of 105%, between August 2004 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 105% inflationary increase is applied to the most recent sale price for 5 CLEVELAND CLOSE of £174,500 on 16th August 2004. For the value to have increased from £174,500 to £357,702 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 5 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The August 2004 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CLEVELAND CLOSE has not materially changed since August 2004.

How Large is 5 CLEVELAND CLOSE?

5 CLEVELAND CLOSE is 145m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsbottom, and where 5 CLEVELAND CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 CLEVELAND CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

5 CLEVELAND CLOSE: Plot and Title Map

5 CLEVELAND CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 CLEVELAND 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 5 CLEVELAND 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 5 CLEVELAND CLOSE?

5 CLEVELAND CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 5 on CLEVELAND CLOSE.