46, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46 SPELDING DRIVE is a large extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £369,021. It was last sold for £325,000 in May 2022, which was around 19% above the average May 2022 detached price in the Wigan local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

46 SPELDING DRIVE Sold Prices

Land registry data shows two sales for 46 SPELDING DRIVE 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 46 SPELDING DRIVE 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
2022 24 MAY	£325,000	£274,229	19% above HPI
2004 8 OCT	£187,500	£166,172	13% above HPI

46 SPELDING DRIVE 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 46 SPELDING DRIVE sales from October 2004 and May 2022 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 October 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 46 SPELDING DRIVE be worth now?

46 SPELDING DRIVE might now be worth an estimated £369,021.

This is based on house price inflation of 13.5%, between May 2022 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for 46 SPELDING DRIVE of £325,000 on 24th May 2022. For the value to have increased from £325,000 to £369,021 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 46 SPELDING DRIVE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 46 SPELDING DRIVE has not materially changed since May 2022.

How Large is 46 SPELDING DRIVE?

46 SPELDING DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigan, and where 46 SPELDING DRIVE lies on this distribution: 80% of detached houses houses are smaller than 46 SPELDING DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Wigan.

46 SPELDING DRIVE: Plot and Title Map

46 SPELDING DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 46 SPELDING 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 46 SPELDING 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.

Where is 46 SPELDING DRIVE?

46 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 46 on SPELDING DRIVE.