2, MALHAM CLOSE, LEIGH, WN7 4SD - £198,000

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 MALHAM CLOSE is a very large extended detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £301,360. It was last sold for £198,000 in March 2018, which was around 3% below the average March 2018 detached price in the Wigan local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

2 MALHAM CLOSE Sold Prices

Land registry data shows four sales for 2 MALHAM 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 MALHAM 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
2018 14 MAR	£198,000	£204,579	3% below HPI
2007 16 JUL	£185,000	£195,985	6% below HPI
2006 16 JUN	£180,000	£182,357	1% below HPI
2001 31 AUG	£80,000	£87,049	8% below HPI

2 MALHAM 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 MALHAM CLOSE sales between August 2001 and March 2018 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 MALHAM CLOSE be worth now?

2 MALHAM CLOSE might now be worth an estimated £301,360.

This is based on house price inflation of 52.2%, between March 2018 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 52.2% inflationary increase is applied to the most recent sale price for 2 MALHAM CLOSE of £198,000 on 14th March 2018. For the value to have increased from £198,000 to £301,360 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 2 MALHAM CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The March 2018 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALHAM CLOSE has not materially changed since March 2018.

How Large is 2 MALHAM CLOSE?

2 MALHAM CLOSE is 142m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leigh, and where 2 MALHAM CLOSE lies on this distribution: 86% of detached houses houses are smaller than 2 MALHAM CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Leigh.

2 MALHAM CLOSE: Plot and Title Map

2 MALHAM CLOSE sits on a plot of roughly 3.9 acres, or 15,655m². The below map shows the location of 2 MALHAM 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 MALHAM 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 MALHAM CLOSE?

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