24, NEW ACRES, NEWBURGH, WIGAN, WN8 7TU - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 NEW ACRES is a midsized extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £365,937. It was last sold for £250,000 in October 2014, which was around 1% below the average October 2014 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

24 NEW ACRES Sold Prices

Land registry data shows two sales for 24 NEW ACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. One of the two 24 NEW ACRES sales was for below the average price, whilst the other was 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
2014 17 OCT	£250,000	£251,970	1% below HPI
1996 9 FEB	£91,000	£82,781	10% above HPI

24 NEW ACRES 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 two 24 NEW ACRES sales from February 1996 and October 2014 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 February 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 NEW ACRES be worth now?

24 NEW ACRES might now be worth an estimated £365,937.

This is based on house price inflation of 46.4%, between October 2014 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.4% inflationary increase is applied to the most recent sale price for 24 NEW ACRES of £250,000 on 17th October 2014. For the value to have increased from £250,000 to £365,937 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 NEW ACRES has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The October 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEW ACRES has not materially changed since October 2014.

How Large is 24 NEW ACRES?

24 NEW ACRES is 129m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses houses in Newburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newburgh, and where 24 NEW ACRES lies on this distribution: 49% of detached houses houses are smaller than 24 NEW ACRES, and 51% of houses are larger. Note that EPC data is not available for all properties in Newburgh.

24 NEW ACRES: Plot and Title Map

24 NEW ACRES sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 24 NEW ACRES, 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 24 NEW ACRES). 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 24 NEW ACRES?

24 NEW ACRES is located in NEWBURGH, in the WN8 postcode district. The below map shows the position of No. 24 on NEW ACRES.