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
22 SOVEREIGN FOLD ROAD is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £245,000 in October 2023, which was around 17% below the average October 2023 detached price in the Wigan local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 22 SOVEREIGN FOLD ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the six 22 SOVEREIGN FOLD ROAD 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 |
---|---|---|---|
2023 24 OCT | £245,000 | £295,809 | 17% below HPI |
2017 29 AUG | £157,500 | £209,107 | 25% below HPI |
2017 27 JAN | £119,000 | £207,138 | 43% below HPI |
2000 28 FEB | £55,500 | £77,738 | 29% below HPI |
1996 12 SEP | £44,000 | £68,833 | 36% below HPI |
1996 23 JAN | £43,000 | £67,117 | 36% below HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The six 22 SOVEREIGN FOLD ROAD sales between January 1996 and October 2023 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 August 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
22 SOVEREIGN FOLD ROAD is 56m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in Leigh, and where 22 SOVEREIGN FOLD ROAD lies on this distribution: 2% of detached houses are smaller than 22 SOVEREIGN FOLD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Leigh.
22 SOVEREIGN FOLD ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 22 SOVEREIGN FOLD 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 22 SOVEREIGN FOLD 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.
22 SOVEREIGN FOLD ROAD is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 22 on SOVEREIGN FOLD ROAD.