71C, THE COMMON, PARBOLD, WIGAN, WN8 7EA - £295,000

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

71C THE COMMON is a midsized extended detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £934,534. It was last sold for £295,000 in May 2001, which was around 153% above the average May 2001 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

71C THE COMMON Sold Prices

Land registry data shows two sales for 71C THE COMMON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 71C THE COMMON 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
2001 18 MAY	£295,000	£116,424	153% above HPI
1996 28 NOV	£259,950	£88,819	193% above HPI

71C THE COMMON 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 two 71C THE COMMON sales from November 1996 and May 2001 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 November 1996 sale was for 193% above the HPI. So the extrapolation line tracks at 193% above the HPI over time, until the May 2001 sale, where it falls to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might 71C THE COMMON be worth now?

71C THE COMMON might now be worth an estimated £934,534.

This is based on house price inflation of 216.8%, between May 2001 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 216.8% inflationary increase is applied to the most recent sale price for 71C THE COMMON of £295,000 on 18th May 2001. For the value to have increased from £295,000 to £934,534 over the 22 years and five months to December 2024, the following assumptions must hold true:

• The value of 71C THE COMMON has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The May 2001 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 71C THE COMMON has not materially changed since May 2001.

How Large is 71C THE COMMON?

71C THE COMMON is 150m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses houses in Parbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parbold, and where 71C THE COMMON lies on this distribution: 56% of detached houses houses are smaller than 71C THE COMMON, and 43% of houses are larger. Note that EPC data is not available for all properties in Parbold.

71C THE COMMON: Plot and Title Map

71C THE COMMON sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 71C THE COMMON, 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 71C THE COMMON). 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 71C THE COMMON?

71C THE COMMON is located in PARBOLD, in the WN8 postcode district. The below map shows the position of No. 71C on THE COMMON.