7, GALGATE CLOSE, BURY, BL8 2TF - £222,000

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

7 GALGATE CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £222,000 in February 2008, which was around 9% below the average February 2008 detached price in the Bury local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

7 GALGATE CLOSE Sold Prices

Land registry data shows two sales for 7 GALGATE 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 7 GALGATE 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
2008 29 FEB	£222,000	£243,677	9% below HPI
2003 28 NOV	£168,000	£169,502	1% below HPI

7 GALGATE 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 7 GALGATE CLOSE sales from November 2003 and February 2008 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 November 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2008 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 GALGATE CLOSE?

7 GALGATE CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 7 GALGATE CLOSE lies on this distribution: 50% of detached houses are smaller than 7 GALGATE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bury.

7 GALGATE CLOSE: Plot and Title Map

7 GALGATE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 7 GALGATE 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 7 GALGATE 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 7 GALGATE CLOSE?

7 GALGATE CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 7 on GALGATE CLOSE.