37, THE COMMON, PARBOLD, WIGAN, WN8 7EA - £435,000

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.

37 THE COMMON is a very large extended semi-detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £494,685. It was last sold for £435,000 in July 2022, which was around 121% above the average July 2022 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

37 THE COMMON Sold Prices

Land registry data shows three sales for 37 THE COMMON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 37 THE COMMON 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
2022 15 JUL	£435,000	£196,797	121% above HPI
2003 27 JUN	£230,000	£87,853	162% above HPI
1998 11 SEP	£91,000	£54,522	67% above HPI

37 THE COMMON Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 37 THE COMMON sales between September 1998 and July 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 June 2003 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the July 2022 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 37 THE COMMON be worth now?

37 THE COMMON might now be worth an estimated £494,685.

This is based on house price inflation of 13.7%, between July 2022 and May 2026, for semi-detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 37 THE COMMON of £435,000 on 15th July 2022. For the value to have increased from £435,000 to £494,685 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 37 THE COMMON has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The July 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 37 THE COMMON has not materially changed since July 2022.

How Large is 37 THE COMMON?

37 THE COMMON is 121m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of semi-detached houses in Parbold, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Parbold, and where 37 THE COMMON lies on this distribution: 86% of semi-detached houses are smaller than 37 THE COMMON, and 13% of semi-detached houses are larger. Note that EPC data is not available for all properties in Parbold.

37 THE COMMON: Plot

37 THE COMMON sits on a plot of roughly 400.8 acres, or 1,621,826m².

Where is 37 THE COMMON?

37 THE COMMON is located in PARBOLD, in the WN8 postcode district. The below map shows the position of No. 37 on THE COMMON.