4, SUMMIT CLOSE, BURY, BL9 7TS - £305,000

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.

4 SUMMIT CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £585,579. It was last sold for £305,000 in July 2012, which was around 46% above the average July 2012 detached price in the Bury local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

4 SUMMIT CLOSE Sold Prices

Land registry data shows one sale for 4 SUMMIT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bury local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 12 JUL	£305,000	£208,542	46% above HPI

What might 4 SUMMIT CLOSE be worth now?

4 SUMMIT CLOSE might now be worth an estimated £585,579.

This is based on house price inflation of 92%, between July 2012 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 92% inflationary increase is applied to the most recent sale price for 4 SUMMIT CLOSE of £305,000 on 12th July 2012. For the value to have increased from £305,000 to £585,579 over the fourteen years and three months to April 2026, the following assumptions must hold true:

• The value of 4 SUMMIT CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The July 2012 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SUMMIT CLOSE has not materially changed since July 2012.

How Large is 4 SUMMIT CLOSE?

4 SUMMIT CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 4 SUMMIT CLOSE lies on this distribution: 35% of detached houses are smaller than 4 SUMMIT CLOSE, and 65% of detached houses are larger. Note that EPC data is not available for all properties in Bury.

4 SUMMIT CLOSE: Plot

4 SUMMIT CLOSE sits on a plot of roughly 0.230 of an acre, or 930m².

Where is 4 SUMMIT CLOSE?

4 SUMMIT CLOSE is located in BURY, in the BL9 postcode district.