5, OAKWOOD CLOSE, BURY, BL8 1DD - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 OAKWOOD CLOSE is a very large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £285,000 in July 2014, which was around 27% above the average July 2014 detached price in the Bury local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

5 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 OAKWOOD 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. One of the two 5 OAKWOOD CLOSE sales was for above the average price, whilst the other was 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
2014 18 JUL	£285,000	£223,673	27% above HPI
2006 4 MAY	£204,000	£226,430	10% below HPI

5 OAKWOOD 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 OAKWOOD CLOSE sales from May 2006 and July 2014 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2014 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 5 OAKWOOD CLOSE?

5 OAKWOOD CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% 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 OAKWOOD CLOSE lies on this distribution: 87% of detached houses are smaller than 5 OAKWOOD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bury.

5 OAKWOOD CLOSE: Plot and Title Map

5 OAKWOOD CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

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