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
9 NEW MILES LANE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £180,000 in May 2023, which was around 39% below the average May 2023 detached price in the Wigan local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 9 NEW MILES LANE 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. Both of the two 9 NEW MILES LANE sales 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 |
---|---|---|---|
2023 25 MAY | £180,000 | £294,741 | 39% below HPI |
2019 1 AUG | £120,000 | £222,451 | 46% below HPI |
The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 9 NEW MILES LANE sales from August 2019 and May 2023 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 August 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
9 NEW MILES LANE is 96m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Shevington, based on EPC data. The below chart shows the distribution of detached houses by size in Shevington, and where 9 NEW MILES LANE lies on this distribution: 25% of detached houses are smaller than 9 NEW MILES LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Shevington.
9 NEW MILES LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 9 NEW MILES 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 9 NEW MILES 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.
9 NEW MILES LANE is located in SHEVINGTON, in the WN6 postcode district. The below map shows the position of No. 9 on NEW MILES LANE.