2, WOODROW DRIVE, NEWBURGH, WIGAN, WN8 7LB - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WOODROW DRIVE is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £295,000 in December 2021, which was around 2% below the average December 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 WOODROW DRIVE Sold Prices

Land registry data shows three sales for 2 WOODROW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 2 WOODROW 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
2021 21 DEC	£295,000	£300,587	2% below HPI
2016 22 APR	£195,000	£262,436	26% below HPI
2015 2 MAR	£195,000	£241,016	19% below HPI

2 WOODROW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 2 WOODROW DRIVE sales between March 2015 and December 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 April 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 WOODROW DRIVE?

2 WOODROW DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Newburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Newburgh, and where 2 WOODROW DRIVE lies on this distribution: 16% of detached houses are smaller than 2 WOODROW DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newburgh.

2 WOODROW DRIVE: Plot and Title Map

2 WOODROW DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 WOODROW 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 WOODROW 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 WOODROW DRIVE?

2 WOODROW DRIVE is located in NEWBURGH, in the WN8 postcode district. The below map shows the position of No. 2 on WOODROW DRIVE.