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
40B MORETON DRIVE is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £152,500 in August 2013, which was around 12% below the average August 2013 detached price in the Wigan local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 40B MORETON DRIVE since 1st 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 40B MORETON 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 |
---|---|---|---|
2013 22 AUG | £152,500 | £172,331 | 12% below HPI |
2003 14 MAR | £123,000 | £116,456 | 6% above HPI |
1996 2 MAY | £81,000 | £67,447 | 20% above HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The three 40B MORETON DRIVE sales between May 1996 and August 2013 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 March 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
40B MORETON DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in Leigh, and where 40B MORETON DRIVE lies on this distribution: 44% of detached houses are smaller than 40B MORETON DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Leigh.
40B MORETON DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 40B MORETON 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 40B MORETON 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.
40B MORETON DRIVE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 40B on MORETON DRIVE.