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
54A FOUNDRY LANE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £155,000 in June 2014, which was around 13% below the average June 2014 detached price in the Wigan local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 54A FOUNDRY LANE since 1st 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 54A FOUNDRY LANE 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 |
---|---|---|---|
2014 27 JUN | £155,000 | £178,099 | 13% below HPI |
2005 23 SEP | £160,000 | £180,263 | 11% below HPI |
2000 20 APR | £77,950 | £76,918 | 1% above HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The three 54A FOUNDRY LANE sales between April 2000 and June 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 September 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
54A FOUNDRY LANE is 71m² according to the EPC inspection conducted in June 2010. 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 54A FOUNDRY LANE lies on this distribution: 8% of detached houses are smaller than 54A FOUNDRY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wigan.
54A FOUNDRY LANE sits on a plot of roughly 1.9 acres, or 7,776m². The below map shows the location of 54A FOUNDRY 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 54A FOUNDRY 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.
54A FOUNDRY LANE is located in WIGAN, in the WN3 postcode district. The below map shows the position of No. 54A on FOUNDRY LANE.