16, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £240,000

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

16 SPELDING DRIVE is a large detached house of 115m², built sometime between 1983 and 1990. It was last sold for £240,000 in September 2019, which was around 9% above the average September 2019 detached price in the Wigan local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

16 SPELDING DRIVE Sold Prices

Land registry data shows two sales for 16 SPELDING DRIVE 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 16 SPELDING DRIVE 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
2019 10 SEP	£240,000	£220,498	9% above HPI
2005 19 MAY	£208,500	£173,919	20% above HPI

16 SPELDING DRIVE 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 16 SPELDING DRIVE sales from May 2005 and September 2019 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 May 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 SPELDING DRIVE?

16 SPELDING DRIVE is 115m² according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 16 SPELDING DRIVE lies on this distribution: 68% of detached houses are smaller than 16 SPELDING DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Wigan.

16 SPELDING DRIVE: Plot and Title Map

16 SPELDING DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 16 SPELDING 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 16 SPELDING 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.

Where is 16 SPELDING DRIVE?

16 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 16 on SPELDING DRIVE.