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
385 WIGAN LANE is a very large detached house of 154m², built sometime between 1900 and 1929. It was last sold for £313,000 in December 2002, which was around 185% above the average December 2002 detached price in the Wigan local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 385 WIGAN LANE 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 385 WIGAN LANE 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 |
---|---|---|---|
2002 16 DEC | £313,000 | £109,803 | 185% above HPI |
1996 29 JUL | £180,500 | £68,518 | 163% 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 385 WIGAN LANE sales from July 1996 and December 2002 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 1996 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the December 2002 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.
385 WIGAN LANE is 154m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 385 WIGAN LANE lies on this distribution: 92% of detached houses are smaller than 385 WIGAN LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wigan.
385 WIGAN LANE sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of 385 WIGAN LANE, 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 385 WIGAN LANE). 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.
385 WIGAN LANE is located in WIGAN, in the WN1 postcode district. The below map shows the position of No. 385 on WIGAN LANE.