BANK HOUSE, THORNHILL, STANDISH, WIGAN, WN1 2RZ - £545,000

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

BANK HOUSE is a very large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £545,000 in August 2016, which was around 172% above the average August 2016 detached price in the Wigan local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

BANK HOUSE Sold Prices

Land registry data shows two sales for BANK HOUSE since 1^st 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 BANK HOUSE 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
2016 19 AUG	£545,000	£200,228	172% above HPI
2004 18 AUG	£499,000	£163,767	205% above HPI

BANK HOUSE 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 two BANK HOUSE sales from August 2004 and August 2016 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 2004 sale was for 205% above the HPI. So the extrapolation line tracks at 205% above the HPI over time, until the August 2016 sale, where it falls to 172% above the HPI. The line then continues to track at 172% above the HPI.

How Large is BANK HOUSE?

BANK HOUSE is 173m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Standish, based on EPC data. The below chart shows the distribution of detached houses by size in Standish, and where BANK HOUSE lies on this distribution: 91% of detached houses are smaller than BANK HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Standish.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.755 of an acre, or 3,055m². The below map shows the location of BANK HOUSE, 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 BANK HOUSE). 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 BANK HOUSE?

BANK HOUSE is located on THORNHILL in STANDISH, in the WN1 postcode district. The below map shows the position of BANK HOUSE on THORNHILL.