16, LUNE ROAD, PLATT BRIDGE, WIGAN, WN2 5BY - £72,500

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.

16 LUNE ROAD is a very small terraced house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £119,962. It was last sold for £72,500 in April 2017, which was around 24% below the average April 2017 terraced price in the Wigan local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

16 LUNE ROAD Sold Prices

Land registry data shows three sales for 16 LUNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. One of the three 16 LUNE ROAD sales was for below the average price, whilst two 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
2017 28 APR	£72,500	£95,214	24% below HPI
2006 24 FEB	£89,950	£87,397	3% above HPI
2004 12 MAR	£69,950	£62,278	12% above HPI

16 LUNE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wigan local authority area over time, sourced from the HPI. The three 16 LUNE ROAD sales between March 2004 and April 2017 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 February 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 16 LUNE ROAD be worth now?

16 LUNE ROAD might now be worth an estimated £119,962.

This is based on house price inflation of 65.5%, between April 2017 and May 2026, for terraced 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 65.5% inflationary increase is applied to the most recent sale price for 16 LUNE ROAD of £72,500 on 28th April 2017. For the value to have increased from £72,500 to £119,962 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 LUNE ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The April 2017 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LUNE ROAD has not materially changed since April 2017.

How Large is 16 LUNE ROAD?

16 LUNE ROAD is 62m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of terraced houses houses in Platt Bridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Platt Bridge, and where 16 LUNE ROAD lies on this distribution: 4% of terraced houses houses are smaller than 16 LUNE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Platt Bridge.

16 LUNE ROAD: Plot and Title Map

16 LUNE ROAD sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 16 LUNE ROAD, 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 16 LUNE ROAD). 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 16 LUNE ROAD?

16 LUNE ROAD is located in PLATT BRIDGE, in the WN2 postcode district. The below map shows the position of No. 16 on LUNE ROAD.