592, ORMSKIRK ROAD, WIGAN, WN5 9JX - £150,000

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.

592 ORMSKIRK ROAD is a large extended terraced house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £189,348. It was last sold for £150,000 in August 2021, which was around 20% above the average August 2021 terraced price in the Wigan local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

592 ORMSKIRK ROAD Sold Prices

Land registry data shows three sales for 592 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 592 ORMSKIRK 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
2021 13 AUG	£150,000	£124,807	20% above HPI
2019 22 MAR	£125,000	£99,040	26% above HPI
2000 20 JUL	£54,950	£32,177	71% above HPI

592 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 592 ORMSKIRK ROAD sales between July 2000 and August 2021 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 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 592 ORMSKIRK ROAD be worth now?

592 ORMSKIRK ROAD might now be worth an estimated £189,348.

This is based on house price inflation of 26.2%, between August 2021 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 26.2% inflationary increase is applied to the most recent sale price for 592 ORMSKIRK ROAD of £150,000 on 13th August 2021. For the value to have increased from £150,000 to £189,348 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 592 ORMSKIRK ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The August 2021 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 592 ORMSKIRK ROAD has not materially changed since August 2021.

How Large is 592 ORMSKIRK ROAD?

592 ORMSKIRK ROAD is 118m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 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 592 ORMSKIRK ROAD lies on this distribution: 71% of terraced houses houses are smaller than 592 ORMSKIRK ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Wigan.

592 ORMSKIRK ROAD: Plot and Title Map

592 ORMSKIRK ROAD sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 592 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 592 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 592 ORMSKIRK ROAD?

592 ORMSKIRK ROAD is located in WIGAN, in the WN5 postcode district. The below map shows the position of No. 592 on ORMSKIRK ROAD.