10, WATERMEDE, BILLINGE, WIGAN, WN5 7BE - £192,500

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.

10 WATERMEDE is a very small extended semi-detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £279,113. It was last sold for £192,500 in July 2019, which was around 44% above the average July 2019 semi-detached price in the Wigan local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

10 WATERMEDE Sold Prices

Land registry data shows four sales for 10 WATERMEDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. All of the four 10 WATERMEDE 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
2019 19 JUL	£192,500	£134,059	44% above HPI
2019 21 JUN	£190,000	£134,244	42% above HPI
2006 31 JUL	£194,000	£116,534	66% above HPI
1998 11 DEC	£67,000	£41,134	63% above HPI

10 WATERMEDE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wigan local authority area over time, sourced from the HPI. The four 10 WATERMEDE sales between December 1998 and July 2019 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 June 2019 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2019 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 10 WATERMEDE be worth now?

10 WATERMEDE might now be worth an estimated £279,113.

This is based on house price inflation of 45%, between July 2019 and July 2025, for semi-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 45% inflationary increase is applied to the most recent sale price for 10 WATERMEDE of £192,500 on 19th July 2019. For the value to have increased from £192,500 to £279,113 over the six years to July 2025, the following assumptions must hold true:

• The value of 10 WATERMEDE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The July 2019 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 10 WATERMEDE has not materially changed since July 2019.

How Large is 10 WATERMEDE?

10 WATERMEDE is 89m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of semi-detached houses houses in Orrell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Orrell, and where 10 WATERMEDE lies on this distribution: 19% of semi-detached houses houses are smaller than 10 WATERMEDE, and 80% of houses are larger. Note that EPC data is not available for all properties in Orrell.

10 WATERMEDE: Plot and Title Map

10 WATERMEDE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 10 WATERMEDE, 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 10 WATERMEDE). 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 10 WATERMEDE?

10 WATERMEDE is located in BILLINGE, in the WN5 postcode district. The below map shows the position of No. 10 on WATERMEDE.