42, FOUNDRY LANE, WIGAN, WN3 6BZ - £159,000

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

42 FOUNDRY LANE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £159,000 in December 2015, which was around 17% below the average December 2015 detached price in the Wigan local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

42 FOUNDRY LANE Sold Prices

Land registry data shows four sales for 42 FOUNDRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the four 42 FOUNDRY LANE sales were for below 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
2015 14 DEC	£159,000	£192,614	17% below HPI
2007 4 JUN	£180,000	£198,903	10% below HPI
2005 29 APR	£149,950	£171,888	13% below HPI
1999 17 DEC	£76,450	£78,349	2% below HPI

42 FOUNDRY LANE 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 four 42 FOUNDRY LANE sales between December 1999 and December 2015 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 June 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 42 FOUNDRY LANE?

42 FOUNDRY LANE is 73m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 42 FOUNDRY LANE lies on this distribution: 11% of detached houses are smaller than 42 FOUNDRY LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wigan.

42 FOUNDRY LANE: Plot and Title Map

42 FOUNDRY LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 42 FOUNDRY 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 42 FOUNDRY 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.

Where is 42 FOUNDRY LANE?

42 FOUNDRY LANE is located in WIGAN, in the WN3 postcode district. The below map shows the position of No. 42 on FOUNDRY LANE.