5, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £186,000

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

5 SPELDING DRIVE is a very large detached house of 144m², built sometime between 1983 and 1990. It was last sold for £186,000 in December 2018, which was around 15% below the average December 2018 detached price in the Wigan local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

5 SPELDING DRIVE Sold Prices

Land registry data shows three sales for 5 SPELDING DRIVE 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. Two of the three 5 SPELDING DRIVE sales were for below the average price, whilst one was 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
2018 19 DEC	£186,000	£219,080	15% below HPI
2017 16 JAN	£195,000	£207,138	6% below HPI
2011 12 AUG	£189,950	£175,629	8% above HPI

5 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 three 5 SPELDING DRIVE sales between August 2011 and December 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 January 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 SPELDING DRIVE?

5 SPELDING DRIVE is 144m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 5 SPELDING DRIVE lies on this distribution: 89% of detached houses are smaller than 5 SPELDING DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Wigan.

5 SPELDING DRIVE: Plot and Title Map

5 SPELDING DRIVE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 5 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 5 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 5 SPELDING DRIVE?

5 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 5 on SPELDING DRIVE.