17, RED CHESTNUT CLOSE, BILLINGE, WIGAN, WN5 7AQ - £215,000

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.

17 RED CHESTNUT CLOSE is a very small semi-detached house of 85m², which could now be worth an estimated £307,935. It was last sold for £215,000 in May 2020, which was around 58% above the average May 2020 semi-detached price in the Wigan local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

17 RED CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 17 RED CHESTNUT 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 17 RED CHESTNUT 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
2020 20 MAY	£215,000	£135,714	58% above HPI
2019 1 FEB	£227,750	£128,800	77% above HPI

17 RED CHESTNUT 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 17 RED CHESTNUT CLOSE sales from February 2019 and May 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 February 2019 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the May 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 17 RED CHESTNUT CLOSE be worth now?

17 RED CHESTNUT CLOSE might now be worth an estimated £307,935.

This is based on house price inflation of 43.2%, between May 2020 and July 2025, 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 43.2% inflationary increase is applied to the most recent sale price for 17 RED CHESTNUT CLOSE of £215,000 on 20th May 2020. For the value to have increased from £215,000 to £307,935 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 17 RED CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The May 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RED CHESTNUT CLOSE has not materially changed since May 2020.

How Large is 17 RED CHESTNUT CLOSE?

17 RED CHESTNUT CLOSE is 85m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Orrell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Orrell, and where 17 RED CHESTNUT CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 17 RED CHESTNUT CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Orrell.

17 RED CHESTNUT CLOSE: Plot and Title Map

17 RED CHESTNUT CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 17 RED CHESTNUT 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 17 RED CHESTNUT 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 17 RED CHESTNUT CLOSE?

17 RED CHESTNUT CLOSE is located in BILLINGE, in the WN5 postcode district. The below map shows the position of No. 17 on RED CHESTNUT CLOSE.