2, MORANO DRIVE, PLATT BRIDGE, WIGAN, WN2 5BU - £180,000

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.

2 MORANO DRIVE is a large extended detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £264,330. It was last sold for £180,000 in August 2018, which was around 15% below the average August 2018 detached price in the Wigan local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

2 MORANO DRIVE Sold Prices

Land registry data shows two sales for 2 MORANO 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 2 MORANO DRIVE 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
2018 17 AUG	£180,000	£212,035	15% below HPI
2006 31 MAR	£174,950	£178,494	2% below HPI

2 MORANO 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 2 MORANO DRIVE sales from March 2006 and August 2018 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MORANO DRIVE be worth now?

2 MORANO DRIVE might now be worth an estimated £264,330.

This is based on house price inflation of 46.8%, between August 2018 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 46.8% inflationary increase is applied to the most recent sale price for 2 MORANO DRIVE of £180,000 on 17th August 2018. For the value to have increased from £180,000 to £264,330 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MORANO DRIVE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The August 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORANO DRIVE has not materially changed since August 2018.

How Large is 2 MORANO DRIVE?

2 MORANO DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Platt Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Platt Bridge, and where 2 MORANO DRIVE lies on this distribution: 77% of detached houses houses are smaller than 2 MORANO DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Platt Bridge.

2 MORANO DRIVE: Plot and Title Map

2 MORANO DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 MORANO 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 2 MORANO 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 2 MORANO DRIVE?

2 MORANO DRIVE is located in PLATT BRIDGE, in the WN2 postcode district. The below map shows the position of No. 2 on MORANO DRIVE.