31, SPENCER ROAD, WIGAN, WN1 2QR - £365,000

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

31 SPENCER ROAD is a very large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £365,000 in December 2021, which was around 35% above the average December 2021 detached price in the Wigan local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

31 SPENCER ROAD Sold Prices

Land registry data shows two sales for 31 SPENCER ROAD 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. Both of the two 31 SPENCER ROAD 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
2021 3 DEC	£365,000	£269,421	35% above HPI
2015 31 JUL	£265,000	£186,678	42% above HPI

31 SPENCER ROAD 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 31 SPENCER ROAD sales from July 2015 and December 2021 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 July 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 31 SPENCER ROAD?

31 SPENCER ROAD is 128m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 31 SPENCER ROAD lies on this distribution: 82% of detached houses are smaller than 31 SPENCER ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Wigan.

31 SPENCER ROAD: Plot and Title Map

31 SPENCER ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 31 SPENCER 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 31 SPENCER 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.

Where is 31 SPENCER ROAD?

31 SPENCER ROAD is located in WIGAN, in the WN1 postcode district. The below map shows the position of No. 31 on SPENCER ROAD.