2, SHIREWELL ROAD, ORRELL, WIGAN, WN5 8SP - £265,000

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 SHIREWELL ROAD is a midsized detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £393,647. It was last sold for £265,000 in July 2018, which was around 26% above the average July 2018 detached price in the Wigan local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

2 SHIREWELL ROAD Sold Prices

Land registry data shows three sales for 2 SHIREWELL ROAD 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 2 SHIREWELL ROAD 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
2018 13 JUL	£265,000	£209,614	26% above HPI
2009 31 JUL	£249,000	£167,558	49% above HPI
2000 26 MAY	£140,125	£75,147	86% above HPI

2 SHIREWELL ROAD 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 2 SHIREWELL ROAD sales between May 2000 and July 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 July 2009 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 SHIREWELL ROAD be worth now?

2 SHIREWELL ROAD might now be worth an estimated £393,647.

This is based on house price inflation of 48.5%, between July 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 48.5% inflationary increase is applied to the most recent sale price for 2 SHIREWELL ROAD of £265,000 on 13th July 2018. For the value to have increased from £265,000 to £393,647 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SHIREWELL ROAD has moved in line with the HPI for detached houses in the Wigan local authority area.
• The July 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHIREWELL ROAD has not materially changed since July 2018.

How Large is 2 SHIREWELL ROAD?

2 SHIREWELL ROAD is 121m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% 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 2 SHIREWELL ROAD lies on this distribution: 54% of detached houses houses are smaller than 2 SHIREWELL ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Orrell.

2 SHIREWELL ROAD: Plot and Title Map

2 SHIREWELL ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 2 SHIREWELL ROAD, 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 SHIREWELL ROAD). 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 SHIREWELL ROAD?

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