5, MILES LANE, SHEVINGTON, WIGAN, WN6 8EB - £150,000

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.

5 MILES LANE is a very small extended detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £249,471. It was last sold for £150,000 in September 2015, which was around 20% below the average September 2015 detached price in the Wigan local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

5 MILES LANE Sold Prices

Land registry data shows three sales for 5 MILES 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 Wigan local authority area for the corresponding sale date. All of the three 5 MILES 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 10 SEP	£150,000	£187,220	20% below HPI
2006 9 AUG	£168,000	£186,318	10% below HPI
2001 22 JUN	£61,000	£83,160	27% below HPI

5 MILES 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 three 5 MILES LANE sales between June 2001 and September 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 August 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 MILES LANE be worth now?

5 MILES LANE might now be worth an estimated £249,471.

This is based on house price inflation of 66.3%, between September 2015 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 66.3% inflationary increase is applied to the most recent sale price for 5 MILES LANE of £150,000 on 10th September 2015. For the value to have increased from £150,000 to £249,471 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 MILES LANE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The September 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILES LANE has not materially changed since September 2015.

How Large is 5 MILES LANE?

5 MILES LANE is 74m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Shevington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shevington, and where 5 MILES LANE lies on this distribution: 7% of detached houses houses are smaller than 5 MILES LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Shevington.

5 MILES LANE: Plot and Title Map

5 MILES LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 5 MILES 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 5 MILES 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 5 MILES LANE?

5 MILES LANE is located in SHEVINGTON, in the WN6 postcode district. The below map shows the position of No. 5 on MILES LANE.