2, MEADOW VIEW, ORRELL, WIGAN, WN5 8QA - £115,000

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

2 MEADOW VIEW is a very small detached house of 49m², built sometime between 1996 and 2002. It was last sold for £115,000 in February 2021, which was around 53% below the average February 2021 detached price in the Wigan local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

2 MEADOW VIEW Sold Prices

Land registry data shows two sales for 2 MEADOW VIEW 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 2 MEADOW VIEW 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
2021 3 FEB	£115,000	£245,552	53% below HPI
2007 30 MAR	£149,950	£197,198	24% below HPI

2 MEADOW VIEW 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 2 MEADOW VIEW sales from March 2007 and February 2021 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 March 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 2 MEADOW VIEW?

2 MEADOW VIEW is 49m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses by size in Orrell, and where 2 MEADOW VIEW lies on this distribution: Less than 1% of detached houses are smaller than 2 MEADOW VIEW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Orrell.

2 MEADOW VIEW: Plot and Title Map

2 MEADOW VIEW sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 MEADOW VIEW, 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 2 MEADOW VIEW). 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 2 MEADOW VIEW?

2 MEADOW VIEW is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 2 on MEADOW VIEW.