5, RIVERSMEADE, LEIGH, WN7 1JA - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 RIVERSMEADE is a midsized extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £325,000 in February 2021, which was around 32% above the average February 2021 detached price in the Wigan local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

5 RIVERSMEADE Sold Prices

Land registry data shows two sales for 5 RIVERSMEADE 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 5 RIVERSMEADE 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
2021 26 FEB	£325,000	£245,552	32% above HPI
2019 25 OCT	£150,000	£221,004	32% below HPI

5 RIVERSMEADE 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 5 RIVERSMEADE sales from October 2019 and February 2021 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 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 5 RIVERSMEADE?

5 RIVERSMEADE is 100m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in Leigh, and where 5 RIVERSMEADE lies on this distribution: 44% of detached houses are smaller than 5 RIVERSMEADE, and 54% of houses are larger. Note that EPC data is not available for all properties in Leigh.

5 RIVERSMEADE: Plot and Title Map

5 RIVERSMEADE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 5 RIVERSMEADE, 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 RIVERSMEADE). 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 RIVERSMEADE?

5 RIVERSMEADE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 5 on RIVERSMEADE.