HOLMLEA, SHELLEY DRIVE, ORRELL, WIGAN, WN5 8HW - £375,000

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

HOLMLEA is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £375,000 in October 2020, which was around 58% above the average October 2020 detached price in the Wigan local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

HOLMLEA Sold Prices

Land registry data shows three sales for HOLMLEA 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. Two of the three HOLMLEA sales were for above the average price, whilst one was 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
2020 19 OCT	£375,000	£237,729	58% above HPI
2018 23 JUL	£300,000	£215,666	39% above HPI
1999 22 OCT	£75,000	£75,628	1% below HPI

HOLMLEA 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 HOLMLEA sales between October 1999 and October 2020 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 July 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is HOLMLEA?

HOLMLEA is 130m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses by size in Orrell, and where HOLMLEA lies on this distribution: 65% of detached houses are smaller than HOLMLEA, and 34% of houses are larger. Note that EPC data is not available for all properties in Orrell.

HOLMLEA: Plot and Title Map

HOLMLEA sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of HOLMLEA, 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 HOLMLEA). 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 HOLMLEA?

HOLMLEA is located on SHELLEY DRIVE in ORRELL, in the WN5 postcode district. The below map shows the position of HOLMLEA on SHELLEY DRIVE.