5, DEREHAM CLOSE, BURY, BL8 1JP - £299,995

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 DEREHAM CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £371,678. It was last sold for £299,995 in November 2020, which was around 5% below the average November 2020 detached price in the Bury local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

5 DEREHAM CLOSE Sold Prices

Land registry data shows two sales for 5 DEREHAM 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 DEREHAM 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
2020 27 NOV	£299,995	£314,957	5% below HPI
2019 22 FEB	£235,000	£287,470	18% below HPI

5 DEREHAM 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 DEREHAM CLOSE sales from February 2019 and November 2020 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 February 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 DEREHAM CLOSE be worth now?

5 DEREHAM CLOSE might now be worth an estimated £371,678.

This is based on house price inflation of 23.9%, between November 2020 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 23.9% inflationary increase is applied to the most recent sale price for 5 DEREHAM CLOSE of £299,995 on 27th November 2020. For the value to have increased from £299,995 to £371,678 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 DEREHAM CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The November 2020 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 5 DEREHAM CLOSE has not materially changed since November 2020.

How Large is 5 DEREHAM CLOSE?

5 DEREHAM CLOSE is 98m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 5 DEREHAM CLOSE lies on this distribution: 35% of detached houses houses are smaller than 5 DEREHAM CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bury.

5 DEREHAM CLOSE: Plot and Title Map

5 DEREHAM CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 5 DEREHAM 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 DEREHAM 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 DEREHAM CLOSE?

5 DEREHAM CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 5 on DEREHAM CLOSE.