22, PENNY GATE CLOSE, HINDLEY, WIGAN, WN2 3DP - £137,500

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.

22 PENNY GATE CLOSE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £150,620. It was last sold for £137,500 in July 2022, which was around 23% below the average July 2022 semi-detached price in the Wigan local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

22 PENNY GATE CLOSE Sold Prices

Land registry data shows four sales for 22 PENNY GATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. Most of the four 22 PENNY GATE 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
2022 28 JUL	£137,500	£178,060	23% below HPI
2018 14 DEC	£92,500	£131,055	29% below HPI
2008 25 SEP	£79,500	£117,048	32% below HPI
1996 3 MAY	£43,750	£38,798	13% above HPI

22 PENNY GATE 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 four 22 PENNY GATE CLOSE sales between May 1996 and July 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 December 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 22 PENNY GATE CLOSE be worth now?

22 PENNY GATE CLOSE might now be worth an estimated £150,620.

This is based on house price inflation of 9.5%, between July 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 9.5% inflationary increase is applied to the most recent sale price for 22 PENNY GATE CLOSE of £137,500 on 28th July 2022. For the value to have increased from £137,500 to £150,620 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 22 PENNY GATE CLOSE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The July 2022 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 22 PENNY GATE CLOSE has not materially changed since July 2022.

How Large is 22 PENNY GATE CLOSE?

22 PENNY GATE CLOSE is 54m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Hindley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hindley, and where 22 PENNY GATE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 22 PENNY GATE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hindley.

22 PENNY GATE CLOSE: Plot and Title Map

22 PENNY GATE CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 22 PENNY GATE 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 22 PENNY GATE 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 22 PENNY GATE CLOSE?

22 PENNY GATE CLOSE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 22 on PENNY GATE CLOSE.