3, PARK CLOSE, PARBOLD, WIGAN, WN8 7HP - £1,275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PARK CLOSE is a very large extended detached house of 271m², built sometime between 1967 and 1975, which could now be worth an estimated £1,408,481. It was last sold for £1,275,000 in March 2023, which was around 282% above the average March 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

3 PARK CLOSE Sold Prices

Land registry data shows three sales for 3 PARK 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 West Lancashire local authority area for the corresponding sale date. All of the three 3 PARK CLOSE sales were for above 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
2023 31 MAR	£1,275,000	£333,868	282% above HPI
2014 27 AUG	£750,000	£248,198	202% above HPI
1998 27 OCT	£182,500	£96,938	88% above HPI

3 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 3 PARK CLOSE sales between October 1998 and March 2023 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 August 2014 sale was for 202% above the HPI. So the extrapolation line tracks at 202% above the HPI over time, until the March 2023 sale, where it rises to 282% above the HPI. The line then continues to track at 282% above the HPI.

What might 3 PARK CLOSE be worth now?

3 PARK CLOSE might now be worth an estimated £1,408,481.

This is based on house price inflation of 10.5%, between March 2023 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 3 PARK CLOSE of £1,275,000 on 31st March 2023. For the value to have increased from £1,275,000 to £1,408,481 over the three months to December 2024, the following assumptions must hold true:

• The value of 3 PARK CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The March 2023 sale price of £1,275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK CLOSE has not materially changed since March 2023.

How Large is 3 PARK CLOSE?

3 PARK CLOSE is 271m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Parbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parbold, and where 3 PARK CLOSE lies on this distribution: 88% of detached houses houses are smaller than 3 PARK CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Parbold.

3 PARK CLOSE: Plot and Title Map

3 PARK CLOSE sits on a plot of roughly 0.336 of an acre, or 1,361m². The below map shows the location of 3 PARK 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 PARK 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 PARK CLOSE?

3 PARK CLOSE is located in PARBOLD, in the WN8 postcode district. The below map shows the position of No. 3 on PARK CLOSE.