7, PARKFIELDS, ABRAM, WIGAN, WN2 5XR - £107,500

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.

7 PARKFIELDS is a very small terraced house of 68m², which could now be worth an estimated £194,301. It was last sold for £107,500 in May 2010, which was around 26% above the average May 2010 terraced price in the Wigan local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

7 PARKFIELDS Sold Prices

Land registry data shows two sales for 7 PARKFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. Both of the two 7 PARKFIELDS 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
2010 28 MAY	£107,500	£85,442	26% above HPI
2004 26 MAR	£84,000	£62,278	35% above HPI

7 PARKFIELDS 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 two 7 PARKFIELDS sales from March 2004 and May 2010 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 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2010 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 7 PARKFIELDS be worth now?

7 PARKFIELDS might now be worth an estimated £194,301.

This is based on house price inflation of 80.7%, between May 2010 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 80.7% inflationary increase is applied to the most recent sale price for 7 PARKFIELDS of £107,500 on 28th May 2010. For the value to have increased from £107,500 to £194,301 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 7 PARKFIELDS has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The May 2010 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PARKFIELDS has not materially changed since May 2010.

How Large is 7 PARKFIELDS?

7 PARKFIELDS is 68m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of terraced houses houses in Abram, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Abram, and where 7 PARKFIELDS lies on this distribution: 6% of terraced houses houses are smaller than 7 PARKFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Abram.

7 PARKFIELDS: Plot and Title Map

7 PARKFIELDS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 7 PARKFIELDS, 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 7 PARKFIELDS). 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 7 PARKFIELDS?

7 PARKFIELDS is located in ABRAM, in the WN2 postcode district. The below map shows the position of No. 7 on PARKFIELDS.