7, SUMMIT CLOSE, BURY, BL9 7TS - £240,000

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.

7 SUMMIT CLOSE is a very small semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £312,658. It was last sold for £240,000 in August 2020, which was around 22% above the average August 2020 semi-detached price in the Bury local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

7 SUMMIT CLOSE Sold Prices

Land registry data shows two sales for 7 SUMMIT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bury local authority area for the corresponding sale date. Both of the two 7 SUMMIT 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
2020 25 AUG	£240,000	£196,937	22% above HPI
2007 14 DEC	£163,500	£150,290	9% above HPI

7 SUMMIT 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 two 7 SUMMIT CLOSE sales from December 2007 and August 2020 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 December 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 7 SUMMIT CLOSE be worth now?

7 SUMMIT CLOSE might now be worth an estimated £312,658.

This is based on house price inflation of 30.3%, between August 2020 and June 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 30.3% inflationary increase is applied to the most recent sale price for 7 SUMMIT CLOSE of £240,000 on 25th August 2020. For the value to have increased from £240,000 to £312,658 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 7 SUMMIT CLOSE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The August 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SUMMIT CLOSE has not materially changed since August 2020.

How Large is 7 SUMMIT CLOSE?

7 SUMMIT CLOSE is 73m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Bury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bury, and where 7 SUMMIT CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 7 SUMMIT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bury.

7 SUMMIT CLOSE: Plot and Title Map

7 SUMMIT CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 SUMMIT 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 7 SUMMIT 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 7 SUMMIT CLOSE?

7 SUMMIT CLOSE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 7 on SUMMIT CLOSE.