2, RIGTON CLOSE, MANCHESTER, M12 4WW - £195,000

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 RIGTON CLOSE is a midsized detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £271,724. It was last sold for £195,000 in July 2020, which was around 41% below the average July 2020 detached price in the Manchester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

2 RIGTON CLOSE Sold Prices

Land registry data shows two sales for 2 RIGTON 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 Manchester local authority area for the corresponding sale date. Both of the two 2 RIGTON 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 24 JUL	£195,000	£330,289	41% below HPI
1998 22 JAN	£49,500	£65,042	24% below HPI

2 RIGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 2 RIGTON CLOSE sales from January 1998 and July 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 January 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 RIGTON CLOSE be worth now?

2 RIGTON CLOSE might now be worth an estimated £271,724.

This is based on house price inflation of 39.3%, between July 2020 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.3% inflationary increase is applied to the most recent sale price for 2 RIGTON CLOSE of £195,000 on 24th July 2020. For the value to have increased from £195,000 to £271,724 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 RIGTON CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The July 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIGTON CLOSE has not materially changed since July 2020.

How Large is 2 RIGTON CLOSE?

2 RIGTON CLOSE is 115m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 2 RIGTON CLOSE lies on this distribution: 58% of detached houses houses are smaller than 2 RIGTON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 RIGTON CLOSE: Plot and Title Map

2 RIGTON CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 RIGTON 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 RIGTON 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 RIGTON CLOSE?

2 RIGTON CLOSE is located in MANCHESTER, in the M12 postcode district. The below map shows the position of No. 2 on RIGTON CLOSE.