Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 RAVENSWOOD DRIVE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £139,995 in February 2015, which was around 24% below the average February 2015 detached price in the Wigan local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 RAVENSWOOD DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the four 1 RAVENSWOOD DRIVE 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 |
---|---|---|---|
2015 27 FEB | £139,995 | £183,849 | 24% below HPI |
2014 20 AUG | £160,000 | £183,954 | 13% below HPI |
2008 23 JUN | £179,000 | £201,573 | 11% below HPI |
2006 15 DEC | £167,950 | £192,177 | 13% below HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The four 1 RAVENSWOOD DRIVE sales between December 2006 and February 2015 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 August 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
1 RAVENSWOOD DRIVE is 74m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Hindley, based on EPC data. The below chart shows the distribution of detached houses by size in Hindley, and where 1 RAVENSWOOD DRIVE lies on this distribution: 13% of detached houses are smaller than 1 RAVENSWOOD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hindley.
1 RAVENSWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 RAVENSWOOD DRIVE, 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 RAVENSWOOD DRIVE). 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.
1 RAVENSWOOD DRIVE is located in HINDLEY, in the WN2 postcode district. The below map shows the position of No. 1 on RAVENSWOOD DRIVE.