1, THE RISE, STANDISH LOWER GROUND, WIGAN, WN6 8LL - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE RISE is a very large extended detached house of 185m², built sometime between 1976 and 1982. It was last sold for £220,000 in April 2007, which was around 12% above the average April 2007 detached price in the Wigan local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE RISE Sold Prices

Land registry data shows two sales for 1 THE RISE 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 THE RISE 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
2007 18 APR	£220,000	£196,881	12% above HPI
1998 27 NOV	£86,000	£72,794	18% above HPI

1 THE RISE 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 THE RISE sales from November 1998 and April 2007 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 November 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2007 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1 THE RISE?

1 THE RISE is 185m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 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 1 THE RISE lies on this distribution: 96% of detached houses are smaller than 1 THE RISE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wigan.

1 THE RISE: Plot and Title Map

1 THE RISE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 1 THE RISE, 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 THE RISE). 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 THE RISE?

1 THE RISE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 1 on THE RISE.