18, SPRING ROAD, ORRELL, WIGAN, WN5 8QB - £126,500

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.

18 SPRING ROAD is a very small terraced house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £138,307. It was last sold for £126,500 in September 2022, which was around 12% below the average September 2022 terraced price in the Wigan local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

18 SPRING ROAD Sold Prices

Land registry data shows five sales for 18 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. Most of the five 18 SPRING 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
2022 5 SEP	£126,500	£144,097	12% below HPI
2022 5 SEP	£126,500	£144,097	12% below HPI
2019 8 MAR	£105,000	£99,040	6% above HPI
2019 8 MAR	£105,000	£99,040	6% above HPI
2013 13 DEC	£89,000	£84,079	6% above HPI

What might 18 SPRING ROAD be worth now?

18 SPRING ROAD might now be worth an estimated £138,307.

This is based on house price inflation of 9.3%, between September 2022 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 9.3% inflationary increase is applied to the most recent sale price for 18 SPRING ROAD of £126,500 on 5th September 2022. For the value to have increased from £126,500 to £138,307 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 18 SPRING ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The September 2022 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRING ROAD has not materially changed since September 2022.

How Large is 18 SPRING ROAD?

18 SPRING ROAD is 63m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of terraced houses in Orrell, based on EPC data. The below chart shows the distribution of terraced houses by size in Orrell, and where 18 SPRING ROAD lies on this distribution: 10% of terraced houses are smaller than 18 SPRING ROAD, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in Orrell.

18 SPRING ROAD: Plot

18 SPRING ROAD sits on a plot of roughly 0.034 of an acre, or 137m².

Where is 18 SPRING ROAD?

18 SPRING ROAD is located in ORRELL, in the WN5 postcode district.