5, BANK HOUSE CLOSE, TYLDESLEY, MANCHESTER, M29 8RB - £215,000

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.

5 BANK HOUSE CLOSE is a midsized detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £357,596. It was last sold for £215,000 in December 2015, which was around 15% above the average December 2015 detached price in the Wigan local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

5 BANK HOUSE CLOSE Sold Prices

Land registry data shows three sales for 5 BANK HOUSE 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 5 BANK HOUSE 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
2015 18 DEC	£215,000	£187,209	15% above HPI
2002 8 NOV	£163,000	£103,843	57% above HPI
2000 22 JUN	£99,995	£75,705	32% above HPI

5 BANK HOUSE 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 5 BANK HOUSE CLOSE sales between June 2000 and December 2015 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 November 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 BANK HOUSE CLOSE be worth now?

5 BANK HOUSE CLOSE might now be worth an estimated £357,596.

This is based on house price inflation of 66.3%, between December 2015 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 66.3% inflationary increase is applied to the most recent sale price for 5 BANK HOUSE CLOSE of £215,000 on 18th December 2015. For the value to have increased from £215,000 to £357,596 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 BANK HOUSE CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The December 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BANK HOUSE CLOSE has not materially changed since December 2015.

How Large is 5 BANK HOUSE CLOSE?

5 BANK HOUSE CLOSE is 105m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 5 BANK HOUSE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 BANK HOUSE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

5 BANK HOUSE CLOSE: Plot and Title Map

5 BANK HOUSE CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 5 BANK HOUSE 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 5 BANK HOUSE 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 5 BANK HOUSE CLOSE?

5 BANK HOUSE CLOSE is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 5 on BANK HOUSE CLOSE.