1, ELDER DRIVE, BOLTON, BL3 1AT - £425,000

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.

1 ELDER DRIVE is a large detached house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £449,741. It was last sold for £425,000 in September 2022, which was around 24% above the average September 2022 detached price in the Bolton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

1 ELDER DRIVE Sold Prices

Land registry data shows three sales for 1 ELDER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. All of the three 1 ELDER DRIVE 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 16 SEP	£425,000	£342,626	24% above HPI
2016 4 NOV	£265,000	£222,000	19% above HPI
2007 30 MAR	£264,995	£221,098	20% above HPI

1 ELDER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolton local authority area over time, sourced from the HPI. The three 1 ELDER DRIVE sales between March 2007 and September 2022 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 November 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 ELDER DRIVE be worth now?

1 ELDER DRIVE might now be worth an estimated £449,741.

This is based on house price inflation of 5.8%, between September 2022 and February 2025, for detached houses, in the Bolton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 1 ELDER DRIVE of £425,000 on 16th September 2022. For the value to have increased from £425,000 to £449,741 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 ELDER DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The September 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELDER DRIVE has not materially changed since September 2022.

How Large is 1 ELDER DRIVE?

1 ELDER DRIVE is 132m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses houses in Bolton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bolton, and where 1 ELDER DRIVE lies on this distribution: 64% of detached houses houses are smaller than 1 ELDER DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bolton.

1 ELDER DRIVE: Plot and Title Map

1 ELDER DRIVE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 1 ELDER DRIVE, 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 1 ELDER DRIVE). 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 1 ELDER DRIVE?

1 ELDER DRIVE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 1 on ELDER DRIVE.