8, CHEVIOT CLOSE, RAMSBOTTOM, BURY, BL0 9LL - £250,000

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.

8 CHEVIOT CLOSE is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £293,797. It was last sold for £250,000 in September 2021, which was around 13% above the average September 2021 semi-detached price in the Bury local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

8 CHEVIOT CLOSE Sold Prices

Land registry data shows three sales for 8 CHEVIOT 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 8 CHEVIOT 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
2021 16 SEP	£250,000	£221,864	13% above HPI
2018 2 NOV	£205,000	£179,838	14% above HPI
2008 24 JUL	£175,000	£145,276	20% above HPI

8 CHEVIOT 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 8 CHEVIOT CLOSE sales between July 2008 and September 2021 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 November 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 CHEVIOT CLOSE be worth now?

8 CHEVIOT CLOSE might now be worth an estimated £293,797.

This is based on house price inflation of 17.5%, between September 2021 and April 2026, 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 17.5% inflationary increase is applied to the most recent sale price for 8 CHEVIOT CLOSE of £250,000 on 16th September 2021. For the value to have increased from £250,000 to £293,797 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 8 CHEVIOT CLOSE has moved in line with the HPI for semi-detached houses in the Bury local authority area.
• The September 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHEVIOT CLOSE has not materially changed since September 2021.

How Large is 8 CHEVIOT CLOSE?

8 CHEVIOT CLOSE is 74m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 8 CHEVIOT CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 8 CHEVIOT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ramsbottom.

8 CHEVIOT CLOSE: Plot and Title Map

8 CHEVIOT CLOSE sits on a plot of roughly 3.4 acres, or 13,588m². The below map shows the location of 8 CHEVIOT 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 8 CHEVIOT 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 8 CHEVIOT CLOSE?

8 CHEVIOT CLOSE is located in RAMSBOTTOM, in the BL0 postcode district. The below map shows the position of No. 8 on CHEVIOT CLOSE.