8, WATERMEDE, BILLINGE, WIGAN, WN5 7BE - £210,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WATERMEDE is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £210,500 in April 2013, which was around 20% above the average April 2013 detached price in the Wigan local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

8 WATERMEDE Sold Prices

Land registry data shows three sales for 8 WATERMEDE 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. One of the three 8 WATERMEDE sales was for above the average price, whilst two 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
2013 30 APR	£210,500	£174,755	20% above HPI
1995 13 APR	£67,450	£68,179	1% below HPI
1995 27 JAN	£58,000	£67,794	14% below HPI

8 WATERMEDE 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 WATERMEDE sales between January 1995 and April 2013 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 April 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 WATERMEDE?

8 WATERMEDE is 104m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses by size in Orrell, and where 8 WATERMEDE lies on this distribution: 34% of detached houses are smaller than 8 WATERMEDE, and 66% of houses are larger. Note that EPC data is not available for all properties in Orrell.

8 WATERMEDE: Plot and Title Map

8 WATERMEDE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 8 WATERMEDE, 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 WATERMEDE). 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 WATERMEDE?

8 WATERMEDE is located in BILLINGE, in the WN5 postcode district. The below map shows the position of No. 8 on WATERMEDE.