8, RIDGEWOOD CLOSE, HINDLEY GREEN, WIGAN, WN2 4GE - £179,995

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 RIDGEWOOD CLOSE is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £179,995 in December 2020, which was around 26% below the average December 2020 detached price in the Wigan local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 RIDGEWOOD CLOSE Sold Prices

Land registry data shows four sales for 8 RIDGEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the four 8 RIDGEWOOD 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
2020 1 DEC	£179,995	£244,086	26% below HPI
2017 3 MAR	£141,000	£206,097	32% below HPI
2007 16 NOV	£147,000	£206,040	29% below HPI
2003 22 AUG	£109,700	£132,093	17% below HPI

8 RIDGEWOOD 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 four 8 RIDGEWOOD CLOSE sales between August 2003 and December 2020 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 March 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 RIDGEWOOD CLOSE?

8 RIDGEWOOD CLOSE is 67m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Hindley, based on EPC data. The below chart shows the distribution of detached houses by size in Hindley, and where 8 RIDGEWOOD CLOSE lies on this distribution: 4% of detached houses are smaller than 8 RIDGEWOOD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hindley.

8 RIDGEWOOD CLOSE: Plot and Title Map

8 RIDGEWOOD CLOSE sits on a plot of roughly 1.2 acres, or 4,823m². The below map shows the location of 8 RIDGEWOOD 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 RIDGEWOOD 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 RIDGEWOOD CLOSE?

8 RIDGEWOOD CLOSE is located in HINDLEY GREEN, in the WN2 postcode district. The below map shows the position of No. 8 on RIDGEWOOD CLOSE.