311, ORMSKIRK ROAD, WIGAN, WN5 9DL - £86,000

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.

311 ORMSKIRK ROAD is a small extended terraced house of 88m², built sometime before 1900, which could now be worth an estimated £102,333. It was last sold for £86,000 in February 2022, which was around 34% below the average February 2022 terraced price in the Wigan local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

311 ORMSKIRK ROAD Sold Prices

Land registry data shows three sales for 311 ORMSKIRK 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 311 ORMSKIRK ROAD 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
2022 28 FEB	£86,000	£129,784	34% below HPI
2006 3 JAN	£62,000	£87,443	29% below HPI
1998 5 JUN	£29,500	£31,568	7% below HPI

311 ORMSKIRK 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 311 ORMSKIRK ROAD sales between June 1998 and February 2022 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 January 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 311 ORMSKIRK ROAD be worth now?

311 ORMSKIRK ROAD might now be worth an estimated £102,333.

This is based on house price inflation of 19%, between February 2022 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 19% inflationary increase is applied to the most recent sale price for 311 ORMSKIRK ROAD of £86,000 on 28th February 2022. For the value to have increased from £86,000 to £102,333 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 311 ORMSKIRK ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The February 2022 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 311 ORMSKIRK ROAD has not materially changed since February 2022.

How Large is 311 ORMSKIRK ROAD?

311 ORMSKIRK ROAD is 88m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of terraced houses houses in Wigan, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wigan, and where 311 ORMSKIRK ROAD lies on this distribution: 27% of terraced houses houses are smaller than 311 ORMSKIRK ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Wigan.

311 ORMSKIRK ROAD: Plot and Title Map

311 ORMSKIRK ROAD sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 311 ORMSKIRK 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 311 ORMSKIRK 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 311 ORMSKIRK ROAD?

311 ORMSKIRK ROAD is located in WIGAN, in the WN5 postcode district. The below map shows the position of No. 311 on ORMSKIRK ROAD.