5, BLACKLEDGE CLOSE, ORRELL, WIGAN, WN5 8TB - £300,000

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

5 BLACKLEDGE CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £301,290. It was last sold for £300,000 in November 2024, which was around 2% below the average November 2024 detached price in the Wigan local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

5 BLACKLEDGE CLOSE Sold Prices

Land registry data shows five sales for 5 BLACKLEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Most of the five 5 BLACKLEDGE 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
2024 22 NOV	£300,000	£307,623	2% below HPI
2023 6 APR	£266,000	£282,374	6% below HPI
2006 6 OCT	£176,000	£187,226	6% below HPI
2002 18 JUN	£99,000	£96,967	2% above HPI
1999 23 JUL	£84,750	£73,954	15% above HPI

5 BLACKLEDGE 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 five 5 BLACKLEDGE CLOSE sales between July 1999 and November 2024 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 April 2023 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 BLACKLEDGE CLOSE be worth now?

5 BLACKLEDGE CLOSE might now be worth an estimated £301,290.

This is based on house price inflation of 0.4%, between November 2024 and December 2024, 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 0.4% inflationary increase is applied to the most recent sale price for 5 BLACKLEDGE CLOSE of £300,000 on 22nd November 2024. For the value to have increased from £300,000 to £301,290 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 5 BLACKLEDGE CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The November 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKLEDGE CLOSE has not materially changed since November 2024.

How Large is 5 BLACKLEDGE CLOSE?

5 BLACKLEDGE CLOSE is 79m² according to the EPC inspection conducted in October 2024. 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 5 BLACKLEDGE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 BLACKLEDGE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Orrell.

Where is 5 BLACKLEDGE CLOSE?

5 BLACKLEDGE CLOSE is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 5 on BLACKLEDGE CLOSE.