6, NEWSTEAD ROAD, WIGAN, WN3 6RT - £285,000

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

6 NEWSTEAD ROAD is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £285,000 in October 2022, which was around 6% below the average October 2022 detached price in the Wigan local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

6 NEWSTEAD ROAD Sold Prices

Land registry data shows two sales for 6 NEWSTEAD ROAD 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 6 NEWSTEAD ROAD 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
2022 21 OCT	£285,000	£302,440	6% below HPI
2017 14 JUL	£130,000	£209,532	38% below HPI

6 NEWSTEAD ROAD 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 6 NEWSTEAD ROAD sales from July 2017 and October 2022 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 July 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 6 NEWSTEAD ROAD?

6 NEWSTEAD ROAD is 101m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 6 NEWSTEAD ROAD lies on this distribution: 45% of detached houses are smaller than 6 NEWSTEAD ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Wigan.

6 NEWSTEAD ROAD: Plot and Title Map

6 NEWSTEAD ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 6 NEWSTEAD ROAD, 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 6 NEWSTEAD ROAD). 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 6 NEWSTEAD ROAD?

6 NEWSTEAD ROAD is located in WIGAN, in the WN3 postcode district. The below map shows the position of No. 6 on NEWSTEAD ROAD.