718, ORMSKIRK ROAD, WIGAN, WN5 8BB - £40,000

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.

718 ORMSKIRK ROAD is a small terraced house of 74m², built sometime before 1900, which could now be worth an estimated £126,854. It was last sold for £40,000 in April 2003, which was around 18% below the average April 2003 terraced price in the Wigan local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

718 ORMSKIRK ROAD Sold Prices

Land registry data shows one sale for 718 ORMSKIRK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Wigan local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 16 APR	£40,000	£48,696	18% below HPI

What might 718 ORMSKIRK ROAD be worth now?

718 ORMSKIRK ROAD might now be worth an estimated £126,854.

This is based on house price inflation of 217.1%, between April 2003 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 217.1% inflationary increase is applied to the most recent sale price for 718 ORMSKIRK ROAD of £40,000 on 16th April 2003. For the value to have increased from £40,000 to £126,854 over the 23 years to April 2026, the following assumptions must hold true:

• The value of 718 ORMSKIRK ROAD has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The April 2003 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 718 ORMSKIRK ROAD has not materially changed since April 2003.

How Large is 718 ORMSKIRK ROAD?

718 ORMSKIRK ROAD is 74m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of terraced houses in Wigan, based on EPC data. The below chart shows the distribution of terraced houses by size in Wigan, and where 718 ORMSKIRK ROAD lies on this distribution: 28% of terraced houses are smaller than 718 ORMSKIRK ROAD, and 70% of terraced houses are larger. Note that EPC data is not available for all properties in Wigan.

718 ORMSKIRK ROAD: Plot

718 ORMSKIRK ROAD sits on a plot of roughly 0.115 of an acre, or 467m².

Where is 718 ORMSKIRK ROAD?

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