10, SCHOLES BANK, HORWICH, BOLTON, BL6 7QE - £365,000

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.

10 SCHOLES BANK is a very large detached house of 195m², built sometime before 1900, which could now be worth an estimated £545,322. It was last sold for £365,000 in September 2018, which was around 50% above the average September 2018 detached price in the Bolton local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

10 SCHOLES BANK Sold Prices

Land registry data shows three sales for 10 SCHOLES BANK 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. One of the three 10 SCHOLES BANK sales was for above the average price, whilst two 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
2018 28 SEP	£365,000	£242,680	50% above HPI
2011 16 DEC	£160,000	£197,893	19% below HPI
1997 9 MAY	£57,000	£74,898	24% below HPI

10 SCHOLES BANK 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 10 SCHOLES BANK sales between May 1997 and September 2018 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 December 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2018 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 10 SCHOLES BANK be worth now?

10 SCHOLES BANK might now be worth an estimated £545,322.

This is based on house price inflation of 49.4%, between September 2018 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 49.4% inflationary increase is applied to the most recent sale price for 10 SCHOLES BANK of £365,000 on 28th September 2018. For the value to have increased from £365,000 to £545,322 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 SCHOLES BANK has moved in line with the HPI for detached houses in the Bolton local authority area.
• The September 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SCHOLES BANK has not materially changed since September 2018.

How Large is 10 SCHOLES BANK?

10 SCHOLES BANK is 195m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses houses in Horwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horwich, and where 10 SCHOLES BANK lies on this distribution: 95% of detached houses houses are smaller than 10 SCHOLES BANK, and 4% of houses are larger. Note that EPC data is not available for all properties in Horwich.

10 SCHOLES BANK: Plot and Title Map

10 SCHOLES BANK sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 10 SCHOLES BANK, 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 10 SCHOLES BANK). 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 10 SCHOLES BANK?

10 SCHOLES BANK is located in HORWICH, in the BL6 postcode district. The below map shows the position of No. 10 on SCHOLES BANK.