48, COBBS BROW LANE, NEWBURGH, WIGAN, WN8 7ND - £240,000

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

48 COBBS BROW LANE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2018, which was around 18% below the average September 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

48 COBBS BROW LANE Sold Prices

Land registry data shows three sales for 48 COBBS BROW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 48 COBBS BROW 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
2018 14 SEP	£240,000	£292,056	18% below HPI
2010 18 MAR	£187,500	£247,237	24% below HPI
2006 11 AUG	£190,000	£241,109	21% below HPI

48 COBBS BROW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 48 COBBS BROW LANE sales between August 2006 and September 2018 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 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 48 COBBS BROW LANE?

48 COBBS BROW LANE is 73m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Newburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Newburgh, and where 48 COBBS BROW LANE lies on this distribution: 4% of detached houses are smaller than 48 COBBS BROW LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newburgh.

48 COBBS BROW LANE: Plot and Title Map

48 COBBS BROW LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 48 COBBS BROW 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 48 COBBS BROW 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 48 COBBS BROW LANE?

48 COBBS BROW LANE is located in NEWBURGH, in the WN8 postcode district. The below map shows the position of No. 48 on COBBS BROW LANE.