11, WATERMEDE, BILLINGE, WIGAN, WN5 7BE - £164,000

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.

11 WATERMEDE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £284,587. It was last sold for £164,000 in September 2014, which was around 9% below the average September 2014 detached price in the Wigan local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

11 WATERMEDE Sold Prices

Land registry data shows two sales for 11 WATERMEDE 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 11 WATERMEDE 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
2014 19 SEP	£164,000	£179,436	9% below HPI
2001 10 SEP	£82,000	£88,567	7% below HPI

11 WATERMEDE 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 11 WATERMEDE sales from September 2001 and September 2014 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 September 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 11 WATERMEDE be worth now?

11 WATERMEDE might now be worth an estimated £284,587.

This is based on house price inflation of 73.5%, between September 2014 and February 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 73.5% inflationary increase is applied to the most recent sale price for 11 WATERMEDE of £164,000 on 19th September 2014. For the value to have increased from £164,000 to £284,587 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 WATERMEDE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The September 2014 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WATERMEDE has not materially changed since September 2014.

How Large is 11 WATERMEDE?

11 WATERMEDE is 76m² according to the EPC inspection conducted in October 2014. 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 11 WATERMEDE lies on this distribution: 6% of detached houses houses are smaller than 11 WATERMEDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Orrell.

11 WATERMEDE: Plot and Title Map

11 WATERMEDE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 11 WATERMEDE, 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 11 WATERMEDE). 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 11 WATERMEDE?

11 WATERMEDE is located in BILLINGE, in the WN5 postcode district. The below map shows the position of No. 11 on WATERMEDE.