8, NEW LESTER CLOSE, TYLDESLEY, MANCHESTER, M29 8TH - £365,000

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

8 NEW LESTER CLOSE is a very large detached house of 145m², built sometime between 1996 and 2002. It was last sold for £365,000 in September 2021, which was around 38% above the average September 2021 detached price in the Wigan local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

8 NEW LESTER CLOSE Sold Prices

Land registry data shows two sales for 8 NEW LESTER 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 8 NEW LESTER 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
2021 24 SEP	£365,000	£263,538	38% above HPI
2001 19 OCT	£127,500	£91,600	39% above HPI

8 NEW LESTER 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 8 NEW LESTER CLOSE sales from October 2001 and September 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 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 8 NEW LESTER CLOSE?

8 NEW LESTER CLOSE is 145m² according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses by size in Tyldesley, and where 8 NEW LESTER CLOSE lies on this distribution: 91% of detached houses are smaller than 8 NEW LESTER CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

8 NEW LESTER CLOSE: Plot and Title Map

8 NEW LESTER CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 NEW LESTER 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 8 NEW LESTER 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 8 NEW LESTER CLOSE?

8 NEW LESTER CLOSE is located in TYLDESLEY, in the M29 postcode district. The below map shows the position of No. 8 on NEW LESTER CLOSE.