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
8 CHERRYBROOK DRIVE is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £200,000 in September 2020, which was around 15% below the average September 2020 detached price in the Wigan local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 CHERRYBROOK DRIVE since 1st 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. One of the two 8 CHERRYBROOK DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2020 18 SEP | £200,000 | £234,602 | 15% below HPI |
2000 4 SEP | £134,950 | £81,230 | 66% above HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 8 CHERRYBROOK DRIVE sales from September 2000 and September 2020 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 September 2000 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
8 CHERRYBROOK DRIVE is 121m² according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 8 CHERRYBROOK DRIVE lies on this distribution: 75% of detached houses are smaller than 8 CHERRYBROOK DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wigan.
8 CHERRYBROOK DRIVE sits on a plot of roughly 0.305 of an acre, or 1,233m². The below map shows the location of 8 CHERRYBROOK 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 8 CHERRYBROOK 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.
8 CHERRYBROOK DRIVE is located in WINSTANLEY, in the WN3 postcode district. The below map shows the position of No. 8 on CHERRYBROOK DRIVE.