7, PARNELL CLOSE, ASTLEY, MANCHESTER, M29 7RW - £160,000

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.

7 PARNELL CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £292,988. It was last sold for £160,000 in March 2010, which was around 8% below the average March 2010 detached price in the Wigan local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 PARNELL CLOSE Sold Prices

Land registry data shows two sales for 7 PARNELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. One of the two 7 PARNELL CLOSE sales was for below the average price, whilst the other was 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
2010 29 MAR	£160,000	£173,258	8% below HPI
1996 12 DEC	£74,950	£67,923	10% above HPI

7 PARNELL 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 two 7 PARNELL CLOSE sales from December 1996 and March 2010 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 December 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 PARNELL CLOSE be worth now?

7 PARNELL CLOSE might now be worth an estimated £292,988.

This is based on house price inflation of 83.1%, between March 2010 and May 2026, for 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 83.1% inflationary increase is applied to the most recent sale price for 7 PARNELL CLOSE of £160,000 on 29th March 2010. For the value to have increased from £160,000 to £292,988 over the fifteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 PARNELL CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The March 2010 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARNELL CLOSE has not materially changed since March 2010.

How Large is 7 PARNELL CLOSE?

7 PARNELL CLOSE is 72m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Astley, and where 7 PARNELL CLOSE lies on this distribution: 5% of detached houses houses are smaller than 7 PARNELL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Astley.

7 PARNELL CLOSE: Plot and Title Map

7 PARNELL CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 7 PARNELL 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 7 PARNELL 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 7 PARNELL CLOSE?

7 PARNELL CLOSE is located in ASTLEY, in the M29 postcode district. The below map shows the position of No. 7 on PARNELL CLOSE.