56, SOUTHLANDS AVENUE, STANDISH, WIGAN, WN6 0TT - £225,000

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.

56 SOUTHLANDS AVENUE is a small detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £363,323. It was last sold for £225,000 in June 2016, which was around 17% above the average June 2016 detached price in the Wigan local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

56 SOUTHLANDS AVENUE Sold Prices

Land registry data shows three sales for 56 SOUTHLANDS AVENUE 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 56 SOUTHLANDS AVENUE sales were for above the average price, whilst one was 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
2016 24 JUN	£225,000	£192,468	17% above HPI
2006 22 FEB	£157,500	£177,529	11% below HPI
1995 20 OCT	£74,000	£66,452	11% above HPI

56 SOUTHLANDS AVENUE 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 56 SOUTHLANDS AVENUE sales between October 1995 and June 2016 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 February 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 56 SOUTHLANDS AVENUE be worth now?

56 SOUTHLANDS AVENUE might now be worth an estimated £363,323.

This is based on house price inflation of 61.5%, between June 2016 and March 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 61.5% inflationary increase is applied to the most recent sale price for 56 SOUTHLANDS AVENUE of £225,000 on 24th June 2016. For the value to have increased from £225,000 to £363,323 over the nine years and three months to March 2025, the following assumptions must hold true:

• The value of 56 SOUTHLANDS AVENUE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The June 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SOUTHLANDS AVENUE has not materially changed since June 2016.

How Large is 56 SOUTHLANDS AVENUE?

56 SOUTHLANDS AVENUE is 100m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Standish, based on EPC data. The below chart shows the distribution of detached houses houses by size in Standish, and where 56 SOUTHLANDS AVENUE lies on this distribution: 29% of detached houses houses are smaller than 56 SOUTHLANDS AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Standish.

56 SOUTHLANDS AVENUE: Plot and Title Map

56 SOUTHLANDS AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 56 SOUTHLANDS AVENUE, 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 56 SOUTHLANDS AVENUE). 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 56 SOUTHLANDS AVENUE?

56 SOUTHLANDS AVENUE is located in STANDISH, in the WN6 postcode district. The below map shows the position of No. 56 on SOUTHLANDS AVENUE.