16, BAKEHOUSE CLOSE, WIGAN, WN5 9BD - £190,000

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.

16 BAKEHOUSE CLOSE is a small detached house of 97m², which could now be worth an estimated £267,948. It was last sold for £190,000 in May 2020, which was around 14% below the average May 2020 detached price in the Wigan local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

16 BAKEHOUSE CLOSE Sold Prices

Land registry data shows two sales for 16 BAKEHOUSE 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 16 BAKEHOUSE 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
2020 22 MAY	£190,000	£220,792	14% below HPI
2019 28 FEB	£173,995	£209,978	17% below HPI

16 BAKEHOUSE 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 16 BAKEHOUSE CLOSE sales from February 2019 and May 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 February 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 BAKEHOUSE CLOSE be worth now?

16 BAKEHOUSE CLOSE might now be worth an estimated £267,948.

This is based on house price inflation of 41%, between May 2020 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41% inflationary increase is applied to the most recent sale price for 16 BAKEHOUSE CLOSE of £190,000 on 22nd May 2020. For the value to have increased from £190,000 to £267,948 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 16 BAKEHOUSE CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BAKEHOUSE CLOSE has not materially changed since May 2020.

How Large is 16 BAKEHOUSE CLOSE?

16 BAKEHOUSE CLOSE is 97m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigan, and where 16 BAKEHOUSE CLOSE lies on this distribution: 39% of detached houses houses are smaller than 16 BAKEHOUSE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Wigan.

16 BAKEHOUSE CLOSE: Plot and Title Map

16 BAKEHOUSE CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 16 BAKEHOUSE 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 16 BAKEHOUSE 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 16 BAKEHOUSE CLOSE?

16 BAKEHOUSE CLOSE is located in WIGAN, in the WN5 postcode district. The below map shows the position of No. 16 on BAKEHOUSE CLOSE.