8, NAVIGATION BANK, STANDISH LOWER GROUND, WIGAN, WN6 8FN - £180,000

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

8 NAVIGATION BANK is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £180,000 in September 2020, which was around 23% below the average September 2020 detached price in the Wigan local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

8 NAVIGATION BANK Sold Prices

Land registry data shows three sales for 8 NAVIGATION BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Two of the three 8 NAVIGATION BANK sales were for below the average price, whilst one 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	£180,000	£234,602	23% below HPI
2018 19 OCT	£185,000	£217,680	15% below HPI
2008 21 NOV	£205,000	£187,307	9% above HPI

8 NAVIGATION BANK 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 three 8 NAVIGATION BANK sales between November 2008 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 October 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 NAVIGATION BANK?

8 NAVIGATION BANK is 122m² according to the EPC inspection conducted in July 2018. 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 NAVIGATION BANK lies on this distribution: 78% of detached houses are smaller than 8 NAVIGATION BANK, and 22% of houses are larger. Note that EPC data is not available for all properties in Wigan.

8 NAVIGATION BANK: Plot and Title Map

8 NAVIGATION BANK sits on a plot of roughly 1.1 acres, or 4,584m². The below map shows the location of 8 NAVIGATION BANK, 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 NAVIGATION BANK). 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 8 NAVIGATION BANK?

8 NAVIGATION BANK is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 8 on NAVIGATION BANK.