2, DRAYCOTT CLOSE, HINDLEY, WIGAN, WN2 4RU - £212,000

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 DRAYCOTT CLOSE is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £339,198. It was last sold for £212,000 in August 2016, which was around 9% above the average August 2016 detached price in the Wigan local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 DRAYCOTT CLOSE Sold Prices

Land registry data shows four sales for 2 DRAYCOTT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the four 2 DRAYCOTT 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
2016 26 AUG	£212,000	£194,609	9% above HPI
2005 1 JUL	£194,000	£172,749	12% above HPI
2002 12 JUN	£115,000	£96,967	19% above HPI
2000 16 MAY	£109,995	£75,147	46% above HPI

2 DRAYCOTT 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 four 2 DRAYCOTT CLOSE sales between May 2000 and August 2016 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 DRAYCOTT CLOSE be worth now?

2 DRAYCOTT CLOSE might now be worth an estimated £339,198.

This is based on house price inflation of 60%, between August 2016 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 60% inflationary increase is applied to the most recent sale price for 2 DRAYCOTT CLOSE of £212,000 on 26th August 2016. For the value to have increased from £212,000 to £339,198 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 2 DRAYCOTT CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The August 2016 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAYCOTT CLOSE has not materially changed since August 2016.

How Large is 2 DRAYCOTT CLOSE?

2 DRAYCOTT CLOSE is 114m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Hindley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hindley, and where 2 DRAYCOTT CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 DRAYCOTT CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hindley.

2 DRAYCOTT CLOSE: Plot and Title Map

2 DRAYCOTT CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 DRAYCOTT 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 DRAYCOTT 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 DRAYCOTT CLOSE?

2 DRAYCOTT CLOSE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 2 on DRAYCOTT CLOSE.