8, STEVENSON CLOSE, WIGAN, WN3 5EH - £112,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 STEVENSON CLOSE is a small terraced house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £157,933. It was last sold for £112,500 in September 2020, which was around 4% above the average September 2020 terraced price in the Wigan local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

8 STEVENSON CLOSE Sold Prices

Land registry data shows two sales for 8 STEVENSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. One of the two 8 STEVENSON CLOSE 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
2020 11 SEP	£112,500	£107,684	4% above HPI
2019 11 OCT	£50,000	£102,539	51% below HPI

8 STEVENSON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wigan local authority area over time, sourced from the HPI. The two 8 STEVENSON CLOSE sales from October 2019 and September 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 October 2019 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 STEVENSON CLOSE be worth now?

8 STEVENSON CLOSE might now be worth an estimated £157,933.

This is based on house price inflation of 40.4%, between September 2020 and July 2025, for terraced 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 40.4% inflationary increase is applied to the most recent sale price for 8 STEVENSON CLOSE of £112,500 on 11th September 2020. For the value to have increased from £112,500 to £157,933 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 8 STEVENSON CLOSE has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The September 2020 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 8 STEVENSON CLOSE has not materially changed since September 2020.

How Large is 8 STEVENSON CLOSE?

8 STEVENSON CLOSE is 84m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of terraced houses houses in Wigan, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wigan, and where 8 STEVENSON CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 8 STEVENSON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wigan.

8 STEVENSON CLOSE: Plot and Title Map

8 STEVENSON CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 8 STEVENSON 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 STEVENSON 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 STEVENSON CLOSE?

8 STEVENSON CLOSE is located in WIGAN, in the WN3 postcode district. The below map shows the position of No. 8 on STEVENSON CLOSE.