4, GREENACRES CLOSE, LEIGH, WN7 3QX - £242,000

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.

4 GREENACRES CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £341,282. It was last sold for £242,000 in May 2020, which was around 10% above the average May 2020 detached price in the Wigan local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

4 GREENACRES CLOSE Sold Prices

Land registry data shows two sales for 4 GREENACRES 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 Wigan local authority area for the corresponding sale date. One of the two 4 GREENACRES CLOSE sales was for above the average price, whilst the other was 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 29 MAY	£242,000	£220,792	10% above HPI
2018 17 AUG	£175,000	£212,035	17% below HPI

4 GREENACRES 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 two 4 GREENACRES CLOSE sales from August 2018 and May 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 August 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 GREENACRES CLOSE be worth now?

4 GREENACRES CLOSE might now be worth an estimated £341,282.

This is based on house price inflation of 41%, between May 2020 and February 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 41% inflationary increase is applied to the most recent sale price for 4 GREENACRES CLOSE of £242,000 on 29th May 2020. For the value to have increased from £242,000 to £341,282 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 4 GREENACRES CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2020 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GREENACRES CLOSE has not materially changed since May 2020.

How Large is 4 GREENACRES CLOSE?

4 GREENACRES CLOSE is 68m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses houses in Golborne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Golborne, and where 4 GREENACRES CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 GREENACRES CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Golborne.

4 GREENACRES CLOSE: Plot and Title Map

4 GREENACRES CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 4 GREENACRES 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 4 GREENACRES 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 4 GREENACRES CLOSE?

4 GREENACRES CLOSE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 4 on GREENACRES CLOSE.