1, FORBES CLOSE, HINDLEY, WIGAN, WN2 2QU - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FORBES CLOSE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2022, which was around 20% below the average September 2022 detached price in the Wigan local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

1 FORBES CLOSE Sold Prices

Land registry data shows two sales for 1 FORBES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Both of the two 1 FORBES CLOSE sales were for below 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
2022 16 SEP	£240,000	£298,790	20% below HPI
1995 28 JUL	£62,950	£68,405	8% below HPI

1 FORBES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 1 FORBES CLOSE sales from July 1995 and September 2022 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 July 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 FORBES CLOSE?

1 FORBES CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Hindley, based on EPC data. The below chart shows the distribution of detached houses by size in Hindley, and where 1 FORBES CLOSE lies on this distribution: 14% of detached houses are smaller than 1 FORBES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hindley.

1 FORBES CLOSE: Plot and Title Map

1 FORBES CLOSE sits on a plot of roughly 4.3 acres, or 17,572m². The below map shows the location of 1 FORBES 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 1 FORBES 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 1 FORBES CLOSE?

1 FORBES CLOSE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 1 on FORBES CLOSE.