2, MELTON CLOSE, ASTLEY, MANCHESTER, M29 7PP - £249,500

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 MELTON CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £329,615. It was last sold for £249,500 in November 2020, which was around 6% above the average November 2020 detached price in the Wigan local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

2 MELTON CLOSE Sold Prices

Land registry data shows four sales for 2 MELTON 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. two of the four 2 MELTON CLOSE sales were for above the average price, and four 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 27 NOV	£249,500	£235,692	6% above HPI
2006 8 SEP	£180,000	£186,912	4% below HPI
2004 16 JUN	£159,950	£150,975	6% above HPI
1997 19 DEC	£66,000	£69,833	5% below HPI

2 MELTON 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 MELTON CLOSE sales between December 1997 and November 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 September 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 MELTON CLOSE be worth now?

2 MELTON CLOSE might now be worth an estimated £329,615.

This is based on house price inflation of 32.1%, between November 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 32.1% inflationary increase is applied to the most recent sale price for 2 MELTON CLOSE of £249,500 on 27th November 2020. For the value to have increased from £249,500 to £329,615 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MELTON CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The November 2020 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MELTON CLOSE has not materially changed since November 2020.

How Large is 2 MELTON CLOSE?

2 MELTON CLOSE is 107m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 2 MELTON CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 MELTON CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

2 MELTON CLOSE: Plot and Title Map

2 MELTON CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 2 MELTON 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 MELTON 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 MELTON CLOSE?

2 MELTON CLOSE is located in ASTLEY, in the M29 postcode district. The below map shows the position of No. 2 on MELTON CLOSE.