188, GATHURST ROAD, ORRELL, WIGAN, WN5 8QD - £118,000

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.

188 GATHURST ROAD is a very small terraced house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £225,470. It was last sold for £118,000 in August 2011, which was around 43% above the average August 2011 terraced price in the Wigan local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

188 GATHURST ROAD Sold Prices

Land registry data shows three sales for 188 GATHURST 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. All of the three 188 GATHURST ROAD 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
2011 5 AUG	£118,000	£82,452	43% above HPI
2004 8 APR	£87,000	£65,218	33% above HPI
1996 23 DEC	£40,000	£30,044	33% above HPI

188 GATHURST 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 188 GATHURST ROAD sales between December 1996 and August 2011 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 April 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2011 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 188 GATHURST ROAD be worth now?

188 GATHURST ROAD might now be worth an estimated £225,470.

This is based on house price inflation of 91.1%, between August 2011 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 91.1% inflationary increase is applied to the most recent sale price for 188 GATHURST ROAD of £118,000 on 5th August 2011. For the value to have increased from £118,000 to £225,470 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 188 GATHURST ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The August 2011 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 188 GATHURST ROAD has not materially changed since August 2011.

How Large is 188 GATHURST ROAD?

188 GATHURST ROAD is 65m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of terraced houses houses in Orrell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Orrell, and where 188 GATHURST ROAD lies on this distribution: 1% of terraced houses houses are smaller than 188 GATHURST ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Orrell.

188 GATHURST ROAD: Plot and Title Map

188 GATHURST ROAD sits on a plot of roughly 1.1 acres, or 4,498m². The below map shows the location of 188 GATHURST 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 188 GATHURST 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 188 GATHURST ROAD?

188 GATHURST ROAD is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 188 on GATHURST ROAD.