1, SPRINGBOURNE, WIGAN, WN6 7SJ - £89,950

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.

1 SPRINGBOURNE is a small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £300,860. It was last sold for £89,950 in May 2002, which was around 5% below the average May 2002 detached price in the Wigan local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 SPRINGBOURNE Sold Prices

Land registry data shows three sales for 1 SPRINGBOURNE 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 1 SPRINGBOURNE 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
2002 31 MAY	£89,950	£94,855	5% below HPI
2000 23 NOV	£72,500	£79,424	9% below HPI
1999 6 MAY	£20,000	£73,086	73% below HPI

1 SPRINGBOURNE 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 1 SPRINGBOURNE sales between May 1999 and May 2002 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 November 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2002 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 SPRINGBOURNE be worth now?

1 SPRINGBOURNE might now be worth an estimated £300,860.

This is based on house price inflation of 234.5%, between May 2002 and May 2026, 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 234.5% inflationary increase is applied to the most recent sale price for 1 SPRINGBOURNE of £89,950 on 31st May 2002. For the value to have increased from £89,950 to £300,860 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 1 SPRINGBOURNE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2002 sale price of £89,950 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGBOURNE has not materially changed since May 2002.

How Large is 1 SPRINGBOURNE?

1 SPRINGBOURNE is 84m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 1 SPRINGBOURNE lies on this distribution: 22% of detached houses houses are smaller than 1 SPRINGBOURNE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wigan.

1 SPRINGBOURNE: Plot and Title Map

1 SPRINGBOURNE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 1 SPRINGBOURNE, 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 1 SPRINGBOURNE). 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 1 SPRINGBOURNE?

1 SPRINGBOURNE is located in WIGAN, in the WN6 postcode district. The below map shows the position of No. 1 on SPRINGBOURNE.