15, BALCOMBE CLOSE, BURY, BL8 4PL - £107,000

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.

15 BALCOMBE CLOSE is a very small extended terraced house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £182,574. It was last sold for £107,000 in October 2016, which was around 8% below the average October 2016 terraced price in the Bury local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

15 BALCOMBE CLOSE Sold Prices

Land registry data shows four sales for 15 BALCOMBE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bury local authority area for the corresponding sale date. Most of the four 15 BALCOMBE 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
2016 25 OCT	£107,000	£116,442	8% below HPI
2003 27 JUN	£76,000	£63,581	20% above HPI
2000 26 MAY	£56,000	£38,098	47% above HPI
1997 30 APR	£36,250	£33,426	8% above HPI

15 BALCOMBE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bury local authority area over time, sourced from the HPI. The four 15 BALCOMBE CLOSE sales between April 1997 and October 2016 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 June 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 BALCOMBE CLOSE be worth now?

15 BALCOMBE CLOSE might now be worth an estimated £182,574.

This is based on house price inflation of 70.6%, between October 2016 and May 2026, for terraced 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 70.6% inflationary increase is applied to the most recent sale price for 15 BALCOMBE CLOSE of £107,000 on 25th October 2016. For the value to have increased from £107,000 to £182,574 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 15 BALCOMBE CLOSE has moved in line with the HPI for terraced houses in the Bury local authority area.
• The October 2016 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BALCOMBE CLOSE has not materially changed since October 2016.

How Large is 15 BALCOMBE CLOSE?

15 BALCOMBE CLOSE is 45m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Bury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bury, and where 15 BALCOMBE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 BALCOMBE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bury.

15 BALCOMBE CLOSE: Plot and Title Map

15 BALCOMBE CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 15 BALCOMBE 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 15 BALCOMBE 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 15 BALCOMBE CLOSE?

15 BALCOMBE CLOSE is located in BURY, in the BL8 postcode district. The below map shows the position of No. 15 on BALCOMBE CLOSE.