5, SPEY CLOSE, STANDISH, WIGAN, WN6 0RA - £325,000

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

5 SPEY CLOSE is a very large extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2020, which was around 42% above the average June 2020 detached price in the Wigan local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 SPEY CLOSE Sold Prices

Land registry data shows three sales for 5 SPEY CLOSE 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 SPEY CLOSE 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
2020 26 JUN	£325,000	£228,527	42% above HPI
2002 28 JUN	£123,000	£99,767	23% above HPI
2000 2 MAY	£97,000	£77,316	25% above HPI

5 SPEY CLOSE 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 SPEY CLOSE sales between May 2000 and June 2020 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 June 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 5 SPEY CLOSE?

5 SPEY CLOSE is 154m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Standish, based on EPC data. The below chart shows the distribution of detached houses by size in Standish, and where 5 SPEY CLOSE lies on this distribution: 83% of detached houses are smaller than 5 SPEY CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Standish.

5 SPEY CLOSE: Plot and Title Map

5 SPEY CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 5 SPEY CLOSE, 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 SPEY CLOSE). 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 SPEY CLOSE?

5 SPEY CLOSE is located in STANDISH, in the WN6 postcode district. The below map shows the position of No. 5 on SPEY CLOSE.