8, THE HEYS, PARBOLD, WIGAN, WN8 7DU - £522,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 THE HEYS is a midsized extended detached house of 153m², built sometime between 1991 and 1995, which could now be worth an estimated £642,003. It was last sold for £522,500 in April 2021, which was around 76% above the average April 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

8 THE HEYS Sold Prices

Land registry data shows three sales for 8 THE HEYS 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 8 THE HEYS 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
2021 30 APR	£522,500	£296,754	76% above HPI
2013 11 OCT	£338,000	£240,590	40% above HPI
2003 14 MAR	£200,000	£153,143	31% above HPI

8 THE HEYS 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 8 THE HEYS sales between March 2003 and April 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 October 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2021 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 8 THE HEYS be worth now?

8 THE HEYS might now be worth an estimated £642,003.

This is based on house price inflation of 22.9%, between April 2021 and February 2025, 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 22.9% inflationary increase is applied to the most recent sale price for 8 THE HEYS of £522,500 on 30th April 2021. For the value to have increased from £522,500 to £642,003 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 8 THE HEYS has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The April 2021 sale price of £522,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HEYS has not materially changed since April 2021.

How Large is 8 THE HEYS?

8 THE HEYS is 153m², which includes one extension, according to the EPC inspection conducted in May 2020. 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 8 THE HEYS lies on this distribution: 59% of detached houses houses are smaller than 8 THE HEYS, and 41% of houses are larger. Note that EPC data is not available for all properties in Parbold.

8 THE HEYS: Plot and Title Map

8 THE HEYS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 THE HEYS, 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 THE HEYS). 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 THE HEYS?

8 THE HEYS is located in PARBOLD, in the WN8 postcode district. The below map shows the position of No. 8 on THE HEYS.