23, PENNY GATE CLOSE, HINDLEY, WIGAN, WN2 3DP - £134,000

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.

23 PENNY GATE CLOSE is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £167,457. It was last sold for £134,000 in June 2021, which was around 14% below the average June 2021 semi-detached price in the Wigan local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

23 PENNY GATE CLOSE Sold Prices

Land registry data shows five sales for 23 PENNY GATE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. All of the five 23 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
2021 4 JUN	£134,000	£156,080	14% below HPI
2019 18 JAN	£97,000	£130,279	26% below HPI
2006 1 DEC	£94,000	£118,447	21% below HPI
2003 29 AUG	£75,000	£76,371	2% below HPI
2000 19 MAY	£38,500	£43,699	12% below HPI

23 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 five 23 PENNY GATE CLOSE sales between May 2000 and June 2021 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 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 23 PENNY GATE CLOSE be worth now?

23 PENNY GATE CLOSE might now be worth an estimated £167,457.

This is based on house price inflation of 25%, between June 2021 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 25% inflationary increase is applied to the most recent sale price for 23 PENNY GATE CLOSE of £134,000 on 4th June 2021. For the value to have increased from £134,000 to £167,457 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 23 PENNY GATE CLOSE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The June 2021 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PENNY GATE CLOSE has not materially changed since June 2021.

How Large is 23 PENNY GATE CLOSE?

23 PENNY GATE CLOSE is 55m² according to the EPC inspection conducted in October 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 23 PENNY GATE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 23 PENNY GATE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hindley.

23 PENNY GATE CLOSE: Plot and Title Map

23 PENNY GATE CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 23 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 23 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 23 PENNY GATE CLOSE?

23 PENNY GATE CLOSE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 23 on PENNY GATE CLOSE.