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
7 LOVERS LANE is a large extended property of 119m², built sometime between 1900 and 1929. It was last sold for £210,000 in July 2023, which was around 29% below the average July 2023 detached price in the Wigan local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows seven sales for 7 LOVERS LANE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the seven 7 LOVERS LANE 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 |
---|---|---|---|
2023 12 JUL | £210,000 | £297,189 | 29% below HPI |
2020 15 MAY | £120,408 | £227,166 | 47% below HPI |
2018 25 MAY | £129,995 | £209,803 | 38% below HPI |
2014 7 APR | £47,000 | £174,681 | 73% below HPI |
2008 21 FEB | £133,000 | £201,999 | 34% below HPI |
2007 22 AUG | £155,000 | £203,850 | 24% below HPI |
2007 17 MAY | £95,000 | £197,950 | 52% below HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The seven 7 LOVERS LANE sales between May 2007 and July 2023 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 May 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
7 LOVERS LANE is 119m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Atherton, based on EPC data. The below chart shows the distribution of detached houses by size in Atherton, and where 7 LOVERS LANE lies on this distribution: 65% of detached houses are smaller than 7 LOVERS LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Atherton.
7 LOVERS LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 7 LOVERS 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 7 LOVERS 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.
7 LOVERS LANE is located in ATHERTON, in the M46 postcode district. The below map shows the position of No. 7 on LOVERS LANE.