3, STORWOOD CLOSE, ORRELL, WIGAN, WN5 8SD - £178,000

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 STORWOOD CLOSE is a very small extended detached house of 77m², built sometime between 2003 and 2006. It was last sold for £178,000 in September 2017, which was around 15% below the average September 2017 detached price in the Wigan local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

3 STORWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 STORWOOD CLOSE since 1^st 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. One of the two 3 STORWOOD CLOSE 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
2017 15 SEP	£178,000	£208,502	15% below HPI
2004 12 FEB	£144,950	£142,141	2% above HPI

3 STORWOOD CLOSE 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 two 3 STORWOOD CLOSE sales from February 2004 and September 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 February 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 STORWOOD CLOSE?

3 STORWOOD CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses by size in Orrell, and where 3 STORWOOD CLOSE lies on this distribution: 8% of detached houses are smaller than 3 STORWOOD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Orrell.

3 STORWOOD CLOSE: Plot and Title Map

3 STORWOOD CLOSE sits on a plot of roughly 0.774 of an acre, or 3,131m². The below map shows the location of 3 STORWOOD CLOSE, 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 STORWOOD CLOSE). 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 STORWOOD CLOSE?

3 STORWOOD CLOSE is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 3 on STORWOOD CLOSE.