41, REEDSMERE CLOSE, WIGAN, WN5 9DX - £116,000

41 REEDSMERE CLOSE is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £116,000 in October 2019, which was around 48% below the average October 2019 detached price in the Wigan local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

41 REEDSMERE CLOSE Sold Prices

Land registry data shows five sales for 41 REEDSMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the five 41 REEDSMERE 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
2019 18 OCT	£116,000	£221,004	48% below HPI
2007 27 JUL	£127,000	£201,644	37% below HPI
2006 29 NOV	£123,000	£192,103	36% below HPI
2006 22 MAY	£127,000	£185,261	31% below HPI
2005 28 JAN	£134,950	£171,328	21% below HPI

41 REEDSMERE 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 five 41 REEDSMERE CLOSE sales between January 2005 and October 2019 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 July 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 41 REEDSMERE CLOSE?

41 REEDSMERE CLOSE is 72m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 41 REEDSMERE CLOSE lies on this distribution: 10% of detached houses are smaller than 41 REEDSMERE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wigan.

41 REEDSMERE CLOSE: Plot and Title Map

41 REEDSMERE CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 41 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 41 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 41 REEDSMERE CLOSE?

41 REEDSMERE CLOSE is located in WIGAN, in the WN5 postcode district. The below map shows the position of No. 41 on REEDSMERE CLOSE.