1, GREENBANK AVENUE, BILLINGE, WIGAN, WN5 7BX - £290,000

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.

1 GREENBANK AVENUE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £425,864. It was last sold for £290,000 in September 2018, which was around 37% above the average September 2018 detached price in the Wigan local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 GREENBANK AVENUE Sold Prices

Land registry data shows two sales for 1 GREENBANK AVENUE 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. Both of the two 1 GREENBANK AVENUE 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
2018 25 SEP	£290,000	£211,639	37% above HPI
2003 31 OCT	£150,000	£132,795	13% above HPI

1 GREENBANK AVENUE 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 1 GREENBANK AVENUE sales from October 2003 and September 2018 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 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 1 GREENBANK AVENUE be worth now?

1 GREENBANK AVENUE might now be worth an estimated £425,864.

This is based on house price inflation of 46.8%, between September 2018 and March 2025, 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 46.8% inflationary increase is applied to the most recent sale price for 1 GREENBANK AVENUE of £290,000 on 25th September 2018. For the value to have increased from £290,000 to £425,864 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 1 GREENBANK AVENUE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The September 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENBANK AVENUE has not materially changed since September 2018.

How Large is 1 GREENBANK AVENUE?

1 GREENBANK AVENUE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orrell, and where 1 GREENBANK AVENUE lies on this distribution: 6% of detached houses houses are smaller than 1 GREENBANK AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Orrell.

1 GREENBANK AVENUE: Plot and Title Map

1 GREENBANK AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 GREENBANK AVENUE, 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 1 GREENBANK AVENUE). 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 1 GREENBANK AVENUE?

1 GREENBANK AVENUE is located in BILLINGE, in the WN5 postcode district. The below map shows the position of No. 1 on GREENBANK AVENUE.