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
28 RIDGEWAY is a very large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £370,000 in September 2023, which was around 24% above the average September 2023 detached price in the Wigan local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 28 RIDGEWAY since 1st 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 28 RIDGEWAY 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 |
---|---|---|---|
2023 19 SEP | £370,000 | £297,745 | 24% above HPI |
1996 22 NOV | £101,000 | £69,614 | 45% above HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 28 RIDGEWAY sales from November 1996 and September 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 November 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
28 RIDGEWAY is 129m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Golborne, based on EPC data. The below chart shows the distribution of detached houses by size in Golborne, and where 28 RIDGEWAY lies on this distribution: 82% of detached houses are smaller than 28 RIDGEWAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Golborne.
28 RIDGEWAY sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 28 RIDGEWAY, 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 28 RIDGEWAY). 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.
28 RIDGEWAY is located in LOWTON, in the WA3 postcode district. The below map shows the position of No. 28 on RIDGEWAY.