FAIRWAYS, COURSE LANE, NEWBURGH, WIGAN, WN8 7UB - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRWAYS is a very small extended semi-detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £303,982. It was last sold for £195,000 in April 2014, which was around 36% above the average April 2014 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two FAIRWAYS 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
2014 15 APR	£195,000	£143,020	36% above HPI
2007 24 APR	£175,000	£154,012	14% above HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two FAIRWAYS sales from April 2007 and April 2014 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £303,982.

This is based on house price inflation of 55.9%, between April 2014 and February 2025, for semi-detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.9% inflationary increase is applied to the most recent sale price for FAIRWAYS of £195,000 on 15th April 2014. For the value to have increased from £195,000 to £303,982 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The April 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since April 2014.

How Large is FAIRWAYS?

FAIRWAYS is 76m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of semi-detached houses houses in Newburgh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newburgh, and where FAIRWAYS lies on this distribution: 12% of semi-detached houses houses are smaller than FAIRWAYS, and 87% of houses are larger. Note that EPC data is not available for all properties in Newburgh.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on COURSE LANE in NEWBURGH, in the WN8 postcode district. The below map shows the position of FAIRWAYS on COURSE LANE.