8, STAPLEFORD CLOSE, BURY, BL8 2UG - £250,000

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 STAPLEFORD CLOSE is a midsized detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £417,417. It was last sold for £250,000 in November 2015, which was around 7% above the average November 2015 detached price in the Bury local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

8 STAPLEFORD CLOSE Sold Prices

Land registry data shows three sales for 8 STAPLEFORD 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 8 STAPLEFORD 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
2015 30 NOV	£250,000	£233,708	7% above HPI
2000 8 SEP	£125,000	£96,106	30% above HPI
1995 30 JUN	£95,950	£73,694	30% above HPI

8 STAPLEFORD 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 8 STAPLEFORD CLOSE sales between June 1995 and November 2015 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 September 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 STAPLEFORD CLOSE be worth now?

8 STAPLEFORD CLOSE might now be worth an estimated £417,417.

This is based on house price inflation of 67%, between November 2015 and February 2025, for 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 67% inflationary increase is applied to the most recent sale price for 8 STAPLEFORD CLOSE of £250,000 on 30th November 2015. For the value to have increased from £250,000 to £417,417 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 STAPLEFORD CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The November 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STAPLEFORD CLOSE has not materially changed since November 2015.

How Large is 8 STAPLEFORD CLOSE?

8 STAPLEFORD CLOSE is 105m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 8 STAPLEFORD CLOSE lies on this distribution: 44% of detached houses houses are smaller than 8 STAPLEFORD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bury.

8 STAPLEFORD CLOSE: Plot and Title Map

8 STAPLEFORD CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 STAPLEFORD 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 STAPLEFORD 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 STAPLEFORD CLOSE?

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