607, ORMSKIRK ROAD, WIGAN, WN5 8AG - £101,000

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.

607 ORMSKIRK ROAD is a very large terraced house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £153,277. It was last sold for £101,000 in March 2020, which was around 3% below the average March 2020 terraced price in the Wigan local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

607 ORMSKIRK ROAD Sold Prices

Land registry data shows two sales for 607 ORMSKIRK ROAD 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 607 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
2020 20 MAR	£101,000	£103,813	3% below HPI
2010 25 JAN	£83,000	£86,808	4% below HPI

607 ORMSKIRK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 607 ORMSKIRK ROAD sales from January 2010 and March 2020 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 607 ORMSKIRK ROAD be worth now?

607 ORMSKIRK ROAD might now be worth an estimated £153,277.

This is based on house price inflation of 51.8%, between March 2020 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 51.8% inflationary increase is applied to the most recent sale price for 607 ORMSKIRK ROAD of £101,000 on 20th March 2020. For the value to have increased from £101,000 to £153,277 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 607 ORMSKIRK ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The March 2020 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 607 ORMSKIRK ROAD has not materially changed since March 2020.

How Large is 607 ORMSKIRK ROAD?

607 ORMSKIRK ROAD is 98m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of terraced houses in Wigan, based on EPC data. The below chart shows the distribution of terraced houses by size in Wigan, and where 607 ORMSKIRK ROAD lies on this distribution: 80% of terraced houses are smaller than 607 ORMSKIRK ROAD, and 19% of terraced houses are larger. Note that EPC data is not available for all properties in Wigan.

Where is 607 ORMSKIRK ROAD?

607 ORMSKIRK ROAD is located in WIGAN, in the WN5 postcode district.