4, STORWOOD CLOSE, ORRELL, WIGAN, WN5 8SD - £208,000

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 STORWOOD CLOSE is a very small detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £280,300. It was last sold for £208,000 in October 2020, which was around 10% below the average October 2020 detached price in the Wigan local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

4 STORWOOD CLOSE Sold Prices

Land registry data shows six sales for 4 STORWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Most of the six 4 STORWOOD 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
2020 2 OCT	£208,000	£231,058	10% below HPI
2018 25 OCT	£195,000	£211,571	8% below HPI
2013 15 NOV	£163,500	£175,769	7% below HPI
2010 5 FEB	£167,500	£174,212	4% below HPI
2005 29 APR	£164,000	£167,065	2% below HPI
2003 4 DEC	£139,950	£135,419	3% above HPI

4 STORWOOD 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 six 4 STORWOOD CLOSE sales between December 2003 and October 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 October 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 STORWOOD CLOSE be worth now?

4 STORWOOD CLOSE might now be worth an estimated £280,300.

This is based on house price inflation of 34.8%, between October 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 34.8% inflationary increase is applied to the most recent sale price for 4 STORWOOD CLOSE of £208,000 on 2nd October 2020. For the value to have increased from £208,000 to £280,300 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 STORWOOD CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The October 2020 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STORWOOD CLOSE has not materially changed since October 2020.

How Large is 4 STORWOOD CLOSE?

4 STORWOOD CLOSE is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orrell, and where 4 STORWOOD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 4 STORWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Orrell.

4 STORWOOD CLOSE: Plot and Title Map

4 STORWOOD CLOSE sits on a plot of roughly 1.8 acres, or 7,201m². The below map shows the location of 4 STORWOOD 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 STORWOOD 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 STORWOOD CLOSE?

4 STORWOOD CLOSE is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 4 on STORWOOD CLOSE.