5, THE COVERTS, WIGAN, WN6 7SL - £123,000

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 THE COVERTS is a very small semi-detached house of 62m², built sometime between 1991 and 1995. It was last sold for £123,000 in November 2015, which was around 37% below the average November 2015 detached price in the Wigan local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

5 THE COVERTS Sold Prices

Land registry data shows two sales for 5 THE COVERTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Both of the two 5 THE COVERTS 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 13 NOV	£123,000	£194,343	37% below HPI
2000 10 NOV	£45,000	£81,717	45% below HPI

5 THE COVERTS 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 two 5 THE COVERTS sales from November 2000 and November 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 November 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 THE COVERTS?

5 THE COVERTS is 62m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 THE COVERTS lies on this distribution: 5% of detached houses are smaller than 5 THE COVERTS, and 95% of houses are larger. Note that EPC data is not available for all properties in Wigan.

5 THE COVERTS: Plot and Title Map

5 THE COVERTS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 5 THE COVERTS, 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 THE COVERTS). 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 THE COVERTS?

5 THE COVERTS is located in WIGAN, in the WN6 postcode district. The below map shows the position of No. 5 on THE COVERTS.