88, FOUNDRY LANE, WIGAN, WN3 6BZ - £215,000

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

88 FOUNDRY LANE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £215,000 in February 2021, which was around 12% below the average February 2021 detached price in the Wigan local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

88 FOUNDRY LANE Sold Prices

Land registry data shows three sales for 88 FOUNDRY LANE 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. The three 88 FOUNDRY LANE sales were a mix of below the average price, and roughly equal to 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 5 FEB	£215,000	£245,552	12% below HPI
2012 17 JAN	£136,000	£171,509	21% below HPI
2001 30 JUL	£87,950	£87,780	Close to HPI

88 FOUNDRY LANE 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 88 FOUNDRY LANE sales between July 2001 and February 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 January 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 88 FOUNDRY LANE?

88 FOUNDRY LANE is 85m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 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 88 FOUNDRY LANE lies on this distribution: 25% of detached houses are smaller than 88 FOUNDRY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wigan.

88 FOUNDRY LANE: Plot and Title Map

88 FOUNDRY LANE sits on a plot of roughly 1.9 acres, or 7,776m². The below map shows the location of 88 FOUNDRY LANE, 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 88 FOUNDRY LANE). 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 88 FOUNDRY LANE?

88 FOUNDRY LANE is located in WIGAN, in the WN3 postcode district. The below map shows the position of No. 88 on FOUNDRY LANE.