93, SPELDING DRIVE, STANDISH LOWER GROUND, WIGAN, WN6 8LW - £255,000

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

93 SPELDING DRIVE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £255,000 in January 2024, which was around 15% below the average January 2024 detached price in the Wigan local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

93 SPELDING DRIVE Sold Prices

Land registry data shows three sales for 93 SPELDING DRIVE 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. All of the three 93 SPELDING DRIVE 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
2024 11 JAN	£255,000	£299,879	15% below HPI
2006 4 JAN	£158,000	£183,647	14% below HPI
1995 25 JAN	£65,000	£67,794	4% below HPI

93 SPELDING DRIVE 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 93 SPELDING DRIVE sales between January 1995 and January 2024 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 93 SPELDING DRIVE?

93 SPELDING DRIVE is 79m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses by size in Wigan, and where 93 SPELDING DRIVE lies on this distribution: 17% of detached houses are smaller than 93 SPELDING DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wigan.

93 SPELDING DRIVE: Plot and Title Map

93 SPELDING DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 93 SPELDING DRIVE, 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 93 SPELDING DRIVE). 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 93 SPELDING DRIVE?

93 SPELDING DRIVE is located in STANDISH LOWER GROUND, in the WN6 postcode district. The below map shows the position of No. 93 on SPELDING DRIVE.