228, CHORLEY NEW ROAD, BOLTON, BL1 5AA - £580,000

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.

228 CHORLEY NEW ROAD is a very large detached house of 236m², built sometime between 2003 and 2006, which could now be worth an estimated £906,175. It was last sold for £580,000 in April 2018, which was around 147% above the average April 2018 detached price in the Bolton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

228 CHORLEY NEW ROAD Sold Prices

Land registry data shows three sales for 228 CHORLEY NEW ROAD 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 228 CHORLEY NEW ROAD 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
2018 9 APR	£580,000	£234,817	147% above HPI
2004 27 SEP	£545,000	£178,721	205% above HPI
2003 10 APR	£385,000	£123,247	212% above HPI

228 CHORLEY NEW ROAD 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 228 CHORLEY NEW ROAD sales between April 2003 and April 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 September 2004 sale was for 205% above the HPI. So the extrapolation line tracks at 205% above the HPI over time, until the April 2018 sale, where it falls to 147% above the HPI. The line then continues to track at 147% above the HPI.

What might 228 CHORLEY NEW ROAD be worth now?

228 CHORLEY NEW ROAD might now be worth an estimated £906,175.

This is based on house price inflation of 56.2%, between April 2018 and March 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 56.2% inflationary increase is applied to the most recent sale price for 228 CHORLEY NEW ROAD of £580,000 on 9th April 2018. For the value to have increased from £580,000 to £906,175 over the seven years and one month to March 2025, the following assumptions must hold true:

• The value of 228 CHORLEY NEW ROAD has moved in line with the HPI for detached houses in the Bolton local authority area.
• The April 2018 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 228 CHORLEY NEW ROAD has not materially changed since April 2018.

How Large is 228 CHORLEY NEW ROAD?

228 CHORLEY NEW ROAD is 236m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% 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 228 CHORLEY NEW ROAD lies on this distribution: 94% of detached houses houses are smaller than 228 CHORLEY NEW ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bolton.

228 CHORLEY NEW ROAD: Plot and Title Map

228 CHORLEY NEW ROAD sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of 228 CHORLEY NEW ROAD, 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 228 CHORLEY NEW ROAD). 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 228 CHORLEY NEW ROAD?

228 CHORLEY NEW ROAD is located in BOLTON, in the BL1 postcode district. The below map shows the position of No. 228 on CHORLEY NEW ROAD.