7, DERWENT CLOSE, LEIGH, WN7 4JF - £124,950

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 DERWENT CLOSE is a very small semi-detached house of 50m², built sometime between 1983 and 1990. It was last sold for £124,950 in May 2016, which was around 7% above the average May 2016 semi-detached price in the Wigan local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 7 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. Both of the two 7 DERWENT 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
2016 26 MAY	£124,950	£116,637	7% above HPI
1997 28 NOV	£51,000	£41,266	24% above HPI

7 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wigan local authority area over time, sourced from the HPI. The two 7 DERWENT CLOSE sales from November 1997 and May 2016 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 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 DERWENT CLOSE be worth now?

7 DERWENT CLOSE might now be worth an estimated £207,629.

This is based on house price inflation of 66.2%, between May 2016 and December 2024, for semi-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 66.2% inflationary increase is applied to the most recent sale price for 7 DERWENT CLOSE of £124,950 on 26th May 2016. For the value to have increased from £124,950 to £207,629 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 7 DERWENT CLOSE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The May 2016 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 7 DERWENT CLOSE has not materially changed since May 2016.

How Large is 7 DERWENT CLOSE?

7 DERWENT CLOSE is 50m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Leigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leigh, and where 7 DERWENT CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 DERWENT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leigh.

7 DERWENT CLOSE: Plot and Title Map

7 DERWENT CLOSE sits on a plot of roughly 1.6 acres, or 6,415m². The below map shows the location of 7 DERWENT 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 7 DERWENT 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 7 DERWENT CLOSE?

7 DERWENT CLOSE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 7 on DERWENT CLOSE.