56, SILVERMERE CLOSE, RAMSBOTTOM, BURY, BL0 9WH - £157,000

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.

56 SILVERMERE CLOSE is a very small semi-detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £317,613. It was last sold for £157,000 in June 2009, which was around 24% above the average June 2009 semi-detached price in the Bury local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

56 SILVERMERE CLOSE Sold Prices

Land registry data shows three sales for 56 SILVERMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. All of the three 56 SILVERMERE 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
2009 17 JUN	£157,000	£126,178	24% above HPI
2004 22 APR	£145,000	£105,724	37% above HPI
2002 25 APR	£89,950	£67,603	33% above HPI

56 SILVERMERE 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 three 56 SILVERMERE CLOSE sales between April 2002 and June 2009 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 April 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2009 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 56 SILVERMERE CLOSE be worth now?

56 SILVERMERE CLOSE might now be worth an estimated £317,613.

This is based on house price inflation of 102.3%, between June 2009 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 102.3% inflationary increase is applied to the most recent sale price for 56 SILVERMERE CLOSE of £157,000 on 17th June 2009. For the value to have increased from £157,000 to £317,613 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 56 SILVERMERE CLOSE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The June 2009 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SILVERMERE CLOSE has not materially changed since June 2009.

How Large is 56 SILVERMERE CLOSE?

56 SILVERMERE CLOSE is 87m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of semi-detached houses houses in Ramsbottom, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsbottom, and where 56 SILVERMERE CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 56 SILVERMERE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

56 SILVERMERE CLOSE: Plot and Title Map

56 SILVERMERE CLOSE sits on a plot of roughly 1.1 acres, or 4,584m². The below map shows the location of 56 SILVERMERE 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 56 SILVERMERE 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 56 SILVERMERE CLOSE?

56 SILVERMERE CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 56 on SILVERMERE CLOSE.