2, DERWENT CLOSE, LEIGH, WN7 4JF - £248,000

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.

2 DERWENT CLOSE is a very small extended semi-detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £262,592. It was last sold for £248,000 in September 2022, which was around 35% above the average September 2022 semi-detached price in the Wigan local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 2 DERWENT 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 Wigan local authority area for the corresponding sale date. Both of the two 2 DERWENT 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
2022 26 SEP	£248,000	£184,211	35% above HPI
2019 15 MAY	£150,000	£133,345	12% above HPI

2 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wigan local authority area over time, sourced from the HPI. The two 2 DERWENT CLOSE sales from May 2019 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 May 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 DERWENT CLOSE be worth now?

2 DERWENT CLOSE might now be worth an estimated £262,592.

This is based on house price inflation of 5.9%, between September 2022 and February 2025, for semi-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 5.9% inflationary increase is applied to the most recent sale price for 2 DERWENT CLOSE of £248,000 on 26th September 2022. For the value to have increased from £248,000 to £262,592 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 DERWENT CLOSE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The September 2022 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DERWENT CLOSE has not materially changed since September 2022.

How Large is 2 DERWENT CLOSE?

2 DERWENT CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Leigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leigh, and where 2 DERWENT CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 2 DERWENT CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leigh.

2 DERWENT CLOSE: Plot and Title Map

2 DERWENT CLOSE sits on a plot of roughly 1.6 acres, or 6,415m². The below map shows the location of 2 DERWENT 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 2 DERWENT 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 2 DERWENT CLOSE?

2 DERWENT CLOSE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 2 on DERWENT CLOSE.