3, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 SPELDING DRIVE is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £170,000 in January 2017, which was around 18% below the average January 2017 detached price in the Wigan local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 SPELDING DRIVE Sold Prices

Land registry data shows three sales for 3 SPELDING 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 Wigan local authority area for the corresponding sale date. One of the three 3 SPELDING DRIVE sales was for below the average price, whilst two 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
2017 31 JAN	£170,000	£207,138	18% below HPI
2007 22 AUG	£220,000	£203,850	8% above HPI
1998 31 MAR	£86,750	£72,907	19% above HPI

3 SPELDING DRIVE 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 3 SPELDING DRIVE sales between March 1998 and January 2017 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 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 SPELDING DRIVE?

3 SPELDING DRIVE is 102m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 3 SPELDING DRIVE lies on this distribution: 46% of detached houses are smaller than 3 SPELDING DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wigan.

3 SPELDING DRIVE: Plot and Title Map

3 SPELDING DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 3 SPELDING 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 3 SPELDING 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 3 SPELDING DRIVE?

3 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 3 on SPELDING DRIVE.