48, THE COMMON, PARBOLD, WIGAN, WN8 7EA - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 THE COMMON is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £404,594. It was last sold for £280,000 in September 2014, which was around 11% above the average September 2014 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

48 THE COMMON Sold Prices

Land registry data shows two sales for 48 THE COMMON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 48 THE COMMON 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
2014 5 SEP	£280,000	£252,340	11% above HPI
1995 19 JUL	£115,000	£86,135	34% above HPI

48 THE COMMON 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 two 48 THE COMMON sales from July 1995 and September 2014 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 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 48 THE COMMON be worth now?

48 THE COMMON might now be worth an estimated £404,594.

This is based on house price inflation of 44.5%, between September 2014 and February 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.5% inflationary increase is applied to the most recent sale price for 48 THE COMMON of £280,000 on 5th September 2014. For the value to have increased from £280,000 to £404,594 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 48 THE COMMON has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE COMMON has not materially changed since September 2014.

How Large is 48 THE COMMON?

48 THE COMMON is 84m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Parbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parbold, and where 48 THE COMMON lies on this distribution: 6% of detached houses houses are smaller than 48 THE COMMON, and 94% of houses are larger. Note that EPC data is not available for all properties in Parbold.

48 THE COMMON: Plot and Title Map

48 THE COMMON sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 48 THE COMMON, 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 THE COMMON). 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 THE COMMON?

48 THE COMMON is located in PARBOLD, in the WN8 postcode district. The below map shows the position of No. 48 on THE COMMON.