8, FINCHLEY CLOSE, BURY, BL8 2EJ - £141,000

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.

8 FINCHLEY CLOSE is a very small extended semi-detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £272,805. It was last sold for £141,000 in June 2005, which was around 7% above the average June 2005 semi-detached price in the Bury local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

8 FINCHLEY CLOSE Sold Prices

Land registry data shows two sales for 8 FINCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. Both of the two 8 FINCHLEY 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
2005 10 JUN	£141,000	£131,932	7% above HPI
2001 2 AUG	£86,450	£62,398	39% above HPI

8 FINCHLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bury local authority area over time, sourced from the HPI. The two 8 FINCHLEY CLOSE sales from August 2001 and June 2005 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 August 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2005 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 FINCHLEY CLOSE be worth now?

8 FINCHLEY CLOSE might now be worth an estimated £272,805.

This is based on house price inflation of 93.5%, between June 2005 and February 2025, for semi-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 93.5% inflationary increase is applied to the most recent sale price for 8 FINCHLEY CLOSE of £141,000 on 10th June 2005. For the value to have increased from £141,000 to £272,805 over the twenty years and four months to February 2025, the following assumptions must hold true:

• The value of 8 FINCHLEY CLOSE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The June 2005 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FINCHLEY CLOSE has not materially changed since June 2005.

How Large is 8 FINCHLEY CLOSE?

8 FINCHLEY CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Bury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bury, and where 8 FINCHLEY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 8 FINCHLEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 FINCHLEY CLOSE: Plot and Title Map

8 FINCHLEY CLOSE sits on a plot of roughly 0.372 of an acre, or 1,507m². The below map shows the location of 8 FINCHLEY 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 8 FINCHLEY 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 8 FINCHLEY CLOSE?

8 FINCHLEY CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 8 on FINCHLEY CLOSE.