28, REEDSMERE CLOSE, WIGAN, WN5 9DX - £122,500

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.

28 REEDSMERE CLOSE is a very small terraced house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £171,971. It was last sold for £122,500 in September 2020, which was around 14% above the average September 2020 terraced price in the Wigan local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

28 REEDSMERE CLOSE Sold Prices

Land registry data shows three sales for 28 REEDSMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. All of the three 28 REEDSMERE 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 10 SEP	£122,500	£107,684	14% above HPI
2010 30 SEP	£109,500	£85,932	27% above HPI
2004 29 OCT	£133,950	£78,079	72% above HPI

28 REEDSMERE 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 three 28 REEDSMERE CLOSE sales between October 2004 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 September 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 28 REEDSMERE CLOSE be worth now?

28 REEDSMERE CLOSE might now be worth an estimated £171,971.

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 28 REEDSMERE CLOSE of £122,500 on 10th September 2020. For the value to have increased from £122,500 to £171,971 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 28 REEDSMERE CLOSE has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The September 2020 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 28 REEDSMERE CLOSE has not materially changed since September 2020.

How Large is 28 REEDSMERE CLOSE?

28 REEDSMERE CLOSE is 72m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 28 REEDSMERE CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 28 REEDSMERE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wigan.

28 REEDSMERE CLOSE: Plot and Title Map

28 REEDSMERE CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 28 REEDSMERE 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 28 REEDSMERE 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 28 REEDSMERE CLOSE?

28 REEDSMERE CLOSE is located in WIGAN, in the WN5 postcode district. The below map shows the position of No. 28 on REEDSMERE CLOSE.