7, BLACKLEDGE CLOSE, ORRELL, WIGAN, WN5 8TB - £118,950

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

7 BLACKLEDGE CLOSE is a very large extended detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £312,002. It was last sold for £118,950 in May 2003, which was around 1% above the average May 2003 detached price in the Wigan local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

7 BLACKLEDGE CLOSE Sold Prices

Land registry data shows two sales for 7 BLACKLEDGE 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. Both of the two 7 BLACKLEDGE 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
2003 23 MAY	£118,950	£117,785	1% above HPI
1999 23 JUL	£80,250	£73,954	9% above HPI

7 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 two 7 BLACKLEDGE CLOSE sales from July 1999 and May 2003 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 July 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2003 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 BLACKLEDGE CLOSE be worth now?

7 BLACKLEDGE CLOSE might now be worth an estimated £312,002.

This is based on house price inflation of 162.3%, between May 2003 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 162.3% inflationary increase is applied to the most recent sale price for 7 BLACKLEDGE CLOSE of £118,950 on 23rd May 2003. For the value to have increased from £118,950 to £312,002 over the twenty years and five months to December 2024, the following assumptions must hold true:

• The value of 7 BLACKLEDGE CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2003 sale price of £118,950 represented a fair market value for the property.
• The size, condition, and specification of 7 BLACKLEDGE CLOSE has not materially changed since May 2003.

How Large is 7 BLACKLEDGE CLOSE?

7 BLACKLEDGE CLOSE is 173m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% 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 7 BLACKLEDGE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 7 BLACKLEDGE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Orrell.

Where is 7 BLACKLEDGE CLOSE?

7 BLACKLEDGE CLOSE is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 7 on BLACKLEDGE CLOSE.