79, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £305,000

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

79 SPELDING DRIVE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £305,000 in December 2021, which was around 13% above the average December 2021 detached price in the Wigan local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

79 SPELDING DRIVE Sold Prices

Land registry data shows five sales for 79 SPELDING DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Most of the five 79 SPELDING DRIVE 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
2021 1 DEC	£305,000	£269,421	13% above HPI
2019 26 JUN	£172,000	£223,086	23% below HPI
2003 16 MAY	£120,000	£121,186	1% below HPI
1998 24 APR	£68,000	£73,139	7% below HPI
1995 21 DEC	£21,950	£66,920	67% below HPI

79 SPELDING DRIVE 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 five 79 SPELDING DRIVE sales between December 1995 and December 2021 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 June 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 79 SPELDING DRIVE?

79 SPELDING DRIVE is 73m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 79 SPELDING DRIVE lies on this distribution: 11% of detached houses are smaller than 79 SPELDING DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wigan.

79 SPELDING DRIVE: Plot and Title Map

79 SPELDING DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 79 SPELDING DRIVE, 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 79 SPELDING DRIVE). 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 79 SPELDING DRIVE?

79 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 79 on SPELDING DRIVE.