SPRINGBURN, MARYLEBONE PLACE, WIGAN, WN1 2NS - £1,125,000

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.

SPRINGBURN is a very large extended detached house of 373m², built sometime between 2003 and 2006, which could now be worth an estimated £1,206,228. It was last sold for £1,125,000 in September 2022, which was around 287% above the average September 2022 detached price in the Wigan local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

SPRINGBURN Sold Prices

Land registry data shows three sales for SPRINGBURN 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 SPRINGBURN 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
2022 15 SEP	£1,125,000	£290,405	287% above HPI
2020 1 DEC	£925,000	£237,236	290% above HPI
2002 26 SEP	£165,000	£100,830	64% above HPI

SPRINGBURN 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 SPRINGBURN sales between September 2002 and September 2022 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 December 2020 sale was for 290% above the HPI. So the extrapolation line tracks at 290% above the HPI over time, until the September 2022 sale, where it falls to 287% above the HPI. The line then continues to track at 287% above the HPI.

What might SPRINGBURN be worth now?

SPRINGBURN might now be worth an estimated £1,206,228.

This is based on house price inflation of 7.2%, between September 2022 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for SPRINGBURN of £1,125,000 on 15th September 2022. For the value to have increased from £1,125,000 to £1,206,228 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of SPRINGBURN has moved in line with the HPI for detached houses in the Wigan local authority area.
• The September 2022 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBURN has not materially changed since September 2022.

How Large is SPRINGBURN?

SPRINGBURN is 373m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Wigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigan, and where SPRINGBURN lies on this distribution: More than 99% of detached houses houses are smaller than SPRINGBURN, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wigan.

SPRINGBURN: Plot and Title Map

SPRINGBURN sits on a plot of roughly 0.553 of an acre, or 2,238m². The below map shows the location of SPRINGBURN, 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 SPRINGBURN). 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 SPRINGBURN?

SPRINGBURN is located on MARYLEBONE PLACE in WIGAN, in the WN1 postcode district. The below map shows the position of SPRINGBURN on MARYLEBONE PLACE.