7, OAKHAM CLOSE, BURY, BL8 1XJ - £270,000

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

7 OAKHAM CLOSE is a midsized extended semi-detached house of 117m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2017, which was around 4% above the average March 2017 detached price in the Bury local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

7 OAKHAM CLOSE Sold Prices

Land registry data shows two sales for 7 OAKHAM 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 OAKHAM CLOSE sales were for above 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
2017 30 MAR	£270,000	£259,172	4% above HPI
2015 9 FEB	£270,000	£228,852	18% above HPI

7 OAKHAM 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 OAKHAM CLOSE sales from February 2015 and March 2017 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 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 OAKHAM CLOSE?

7 OAKHAM CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in November 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 OAKHAM CLOSE lies on this distribution: 59% of detached houses are smaller than 7 OAKHAM CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bury.

7 OAKHAM CLOSE: Plot and Title Map

7 OAKHAM CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 7 OAKHAM 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 OAKHAM 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 OAKHAM CLOSE?

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