24, SPRING ROAD, ORRELL, WIGAN, WN5 8QB - £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.

24 SPRING ROAD is a very small extended terraced house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £136,573. It was last sold for £125,000 in January 2024, which was around 12% below the average January 2024 terraced price in the Wigan local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

24 SPRING ROAD Sold Prices

Land registry data shows three sales for 24 SPRING 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 24 SPRING 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
2024 3 JAN	£125,000	£141,346	12% below HPI
2008 14 MAR	£117,000	£97,369	20% above HPI
2003 23 APR	£78,500	£48,696	61% above HPI

24 SPRING 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 24 SPRING ROAD sales between April 2003 and January 2024 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 March 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 SPRING ROAD be worth now?

24 SPRING ROAD might now be worth an estimated £136,573.

This is based on house price inflation of 9.3%, between January 2024 and April 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 9.3% inflationary increase is applied to the most recent sale price for 24 SPRING ROAD of £125,000 on 3rd January 2024. For the value to have increased from £125,000 to £136,573 over the one year and nine months to April 2026, the following assumptions must hold true:

• The value of 24 SPRING ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The January 2024 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRING ROAD has not materially changed since January 2024.

How Large is 24 SPRING ROAD?

24 SPRING ROAD is 66m², which includes two extensions, according to the EPC inspection conducted in December 2016. 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 24 SPRING ROAD lies on this distribution: 2% of terraced houses houses are smaller than 24 SPRING ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Orrell.

24 SPRING ROAD: Plot and Title Map

24 SPRING ROAD sits on a plot of roughly 0.286 of an acre, or 1,158m². The below map shows the location of 24 SPRING 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 24 SPRING 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 24 SPRING ROAD?

24 SPRING ROAD is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 24 on SPRING ROAD.