16, ELSHAM CLOSE, BOLTON, BL1 7BL - £193,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 ELSHAM CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £193,000 in October 2019, which was around 23% below the average October 2019 detached price in the Bolton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

16 ELSHAM CLOSE Sold Prices

Land registry data shows two sales for 16 ELSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. One of the two 16 ELSHAM CLOSE sales was for below the average price, whilst the other was 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
2019 4 OCT	£193,000	£252,094	23% below HPI
1999 30 JUN	£85,350	£82,226	4% above HPI

16 ELSHAM CLOSE 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 two 16 ELSHAM CLOSE sales from June 1999 and October 2019 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 June 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 ELSHAM CLOSE be worth now?

16 ELSHAM CLOSE might now be worth an estimated £273,094.

This is based on house price inflation of 41.5%, between October 2019 and December 2024, 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 41.5% inflationary increase is applied to the most recent sale price for 16 ELSHAM CLOSE of £193,000 on 4th October 2019. For the value to have increased from £193,000 to £273,094 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 16 ELSHAM CLOSE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The October 2019 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELSHAM CLOSE has not materially changed since October 2019.

How Large is 16 ELSHAM CLOSE?

16 ELSHAM CLOSE is 82m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 16 ELSHAM CLOSE lies on this distribution: 16% of detached houses houses are smaller than 16 ELSHAM CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bolton.

16 ELSHAM CLOSE: Plot and Title Map

16 ELSHAM CLOSE sits on a plot of roughly 1.2 acres, or 4,797m². The below map shows the location of 16 ELSHAM CLOSE, 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 16 ELSHAM CLOSE). 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 16 ELSHAM CLOSE?

16 ELSHAM CLOSE is located in BOLTON, in the BL1 postcode district. The below map shows the position of No. 16 on ELSHAM CLOSE.