163, PLATT LANE, WIGAN, WN1 3YA - £190,000

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

163 PLATT LANE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2022, which was around 35% below the average August 2022 detached price in the Wigan local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

163 PLATT LANE Sold Prices

Land registry data shows three sales for 163 PLATT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the three 163 PLATT LANE 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
2022 8 AUG	£190,000	£294,066	35% below HPI
1998 25 SEP	£58,000	£74,119	22% below HPI
1996 19 NOV	£64,200	£69,614	8% below HPI

163 PLATT LANE 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 three 163 PLATT LANE sales between November 1996 and August 2022 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 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 163 PLATT LANE?

163 PLATT LANE is 75m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 163 PLATT LANE lies on this distribution: 13% of detached houses are smaller than 163 PLATT LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wigan.

163 PLATT LANE: Plot and Title Map

163 PLATT LANE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 163 PLATT LANE, 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 163 PLATT LANE). 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 163 PLATT LANE?

163 PLATT LANE is located in WIGAN, in the WN1 postcode district. The below map shows the position of No. 163 on PLATT LANE.