5, MINDEN CLOSE, BURY, BL8 2LH - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MINDEN CLOSE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2019, which was around 8% below the average December 2019 detached price in the Bury local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

5 MINDEN CLOSE Sold Prices

Land registry data shows three sales for 5 MINDEN 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 5 MINDEN 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
2019 16 DEC	£280,000	£303,425	8% below HPI
2007 4 DEC	£172,500	£246,432	30% below HPI
2006 18 JAN	£150,000	£215,742	30% below HPI

5 MINDEN 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 5 MINDEN CLOSE sales between January 2006 and December 2019 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 December 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 MINDEN CLOSE?

5 MINDEN CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 5 MINDEN CLOSE lies on this distribution: 64% of detached houses are smaller than 5 MINDEN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bury.

5 MINDEN CLOSE: Plot and Title Map

5 MINDEN CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 5 MINDEN 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 MINDEN 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 MINDEN CLOSE?

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