7, NEW ACRES, NEWBURGH, WIGAN, WN8 7TU - £312,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 NEW ACRES is a very large detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £468,041. It was last sold for £312,500 in August 2011, which was around 27% above the average August 2011 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

7 NEW ACRES Sold Prices

Land registry data shows three sales for 7 NEW ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 7 NEW ACRES sales were 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
2011 19 AUG	£312,500	£246,253	27% above HPI
2003 27 AUG	£240,000	£165,922	45% above HPI
1997 3 SEP	£108,000	£94,659	14% above HPI

7 NEW ACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 7 NEW ACRES sales between September 1997 and August 2011 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 August 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2011 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 7 NEW ACRES be worth now?

7 NEW ACRES might now be worth an estimated £468,041.

This is based on house price inflation of 49.8%, between August 2011 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.8% inflationary increase is applied to the most recent sale price for 7 NEW ACRES of £312,500 on 19th August 2011. For the value to have increased from £312,500 to £468,041 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 NEW ACRES has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2011 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW ACRES has not materially changed since August 2011.

How Large is 7 NEW ACRES?

7 NEW ACRES is 183m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Newburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newburgh, and where 7 NEW ACRES lies on this distribution: 87% of detached houses houses are smaller than 7 NEW ACRES, and 13% of houses are larger. Note that EPC data is not available for all properties in Newburgh.

7 NEW ACRES: Plot and Title Map

7 NEW ACRES sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 7 NEW ACRES, 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 NEW ACRES). 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 7 NEW ACRES?

7 NEW ACRES is located in NEWBURGH, in the WN8 postcode district. The below map shows the position of No. 7 on NEW ACRES.