3, PALMERSTON CLOSE, HINDLEY, WIGAN, WN2 3NG - £130,000

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.

3 PALMERSTON CLOSE is a very small extended detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £231,392. It was last sold for £130,000 in September 2011, which was around 25% below the average September 2011 detached price in the Wigan local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

3 PALMERSTON CLOSE Sold Prices

Land registry data shows three sales for 3 PALMERSTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the three 3 PALMERSTON 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
2011 16 SEP	£130,000	£172,659	25% below HPI
2011 9 SEP	£140,000	£172,659	19% below HPI
2003 2 MAY	£110,625	£117,785	6% below HPI

3 PALMERSTON 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 three 3 PALMERSTON CLOSE sales between May 2003 and September 2011 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 PALMERSTON CLOSE be worth now?

3 PALMERSTON CLOSE might now be worth an estimated £231,392.

This is based on house price inflation of 78%, between September 2011 and June 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 78% inflationary increase is applied to the most recent sale price for 3 PALMERSTON CLOSE of £130,000 on 16th September 2011. For the value to have increased from £130,000 to £231,392 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of 3 PALMERSTON CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The September 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PALMERSTON CLOSE has not materially changed since September 2011.

How Large is 3 PALMERSTON CLOSE?

3 PALMERSTON CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Hindley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hindley, and where 3 PALMERSTON CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 PALMERSTON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hindley.

3 PALMERSTON CLOSE: Plot and Title Map

3 PALMERSTON CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 PALMERSTON 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 3 PALMERSTON 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 3 PALMERSTON CLOSE?

3 PALMERSTON CLOSE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 3 on PALMERSTON CLOSE.