8, RIBBLETON CLOSE, BURY, BL8 2TH - £230,000

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 RIBBLETON CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £343,429. It was last sold for £230,000 in October 2017, which was around 15% below the average October 2017 detached price in the Bury local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

8 RIBBLETON CLOSE Sold Prices

Land registry data shows one sale for 8 RIBBLETON 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
2017 6 OCT	£230,000	£271,491	15% below HPI

What might 8 RIBBLETON CLOSE be worth now?

8 RIBBLETON CLOSE might now be worth an estimated £343,429.

This is based on house price inflation of 49.3%, between October 2017 and May 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 49.3% inflationary increase is applied to the most recent sale price for 8 RIBBLETON CLOSE of £230,000 on 6th October 2017. For the value to have increased from £230,000 to £343,429 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 8 RIBBLETON CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The October 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RIBBLETON CLOSE has not materially changed since October 2017.

How Large is 8 RIBBLETON CLOSE?

8 RIBBLETON CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 8 RIBBLETON CLOSE lies on this distribution: 48% of detached houses are smaller than 8 RIBBLETON CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Bury.

8 RIBBLETON CLOSE: Plot

8 RIBBLETON CLOSE sits on a plot of roughly 0.085 of an acre, or 346m².

Where is 8 RIBBLETON CLOSE?

8 RIBBLETON CLOSE is located in BURY, in the BL8 postcode district.