12, ORMSKIRK CLOSE, BURY, BL8 2JG - £585,000

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.

12 ORMSKIRK CLOSE is a very large extended detached house of 243m², built sometime between 1967 and 1975, which could now be worth an estimated £600,830. It was last sold for £585,000 in July 2023, which was around 50% above the average July 2023 detached price in the Bury local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

12 ORMSKIRK CLOSE Sold Prices

Land registry data shows four sales for 12 ORMSKIRK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 12 ORMSKIRK 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
2023 19 JUL	£585,000	£389,837	50% above HPI
2023 19 JUL	£585,000	£389,837	50% above HPI
2014 27 JAN	£255,000	£210,727	21% above HPI
1998 26 JUN	£97,000	£81,418	19% above HPI

12 ORMSKIRK 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 four 12 ORMSKIRK CLOSE sales between June 1998 and July 2023 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 July 2023 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2023 sale, which was also at 50% above the HPI.

What might 12 ORMSKIRK CLOSE be worth now?

12 ORMSKIRK CLOSE might now be worth an estimated £600,830.

This is based on house price inflation of 2.7%, between July 2023 and April 2026, 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 2.7% inflationary increase is applied to the most recent sale price for 12 ORMSKIRK CLOSE of £585,000 on 19th July 2023. For the value to have increased from £585,000 to £600,830 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 12 ORMSKIRK CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2023 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ORMSKIRK CLOSE has not materially changed since July 2023.

How Large is 12 ORMSKIRK CLOSE?

12 ORMSKIRK CLOSE is 243m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 12 ORMSKIRK CLOSE lies on this distribution: 98% of detached houses are smaller than 12 ORMSKIRK CLOSE, and 2% of detached houses are larger. Note that EPC data is not available for all properties in Bury.

12 ORMSKIRK CLOSE: Plot and Title Map

12 ORMSKIRK CLOSE sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 12 ORMSKIRK 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 12 ORMSKIRK 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 12 ORMSKIRK CLOSE?

12 ORMSKIRK CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 12 on ORMSKIRK CLOSE.