24, MELBURY DRIVE, LOSTOCK, BOLTON, BL6 4NL - £70,000

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.

24 MELBURY DRIVE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £320,479. It was last sold for £70,000 in January 1999, which was around 12% below the average January 1999 detached price in the Bolton local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

24 MELBURY DRIVE Sold Prices

Land registry data shows two sales for 24 MELBURY DRIVE 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. Both of the two 24 MELBURY DRIVE sales 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
1999 14 JAN	£70,000	£79,194	12% below HPI
1996 29 FEB	£60,000	£70,006	14% below HPI

24 MELBURY 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 two 24 MELBURY DRIVE sales from February 1996 and January 1999 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 February 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 1999 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 MELBURY DRIVE be worth now?

24 MELBURY DRIVE might now be worth an estimated £320,479.

This is based on house price inflation of 357.8%, between January 1999 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 357.8% inflationary increase is applied to the most recent sale price for 24 MELBURY DRIVE of £70,000 on 14th January 1999. For the value to have increased from £70,000 to £320,479 over the 25 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 24 MELBURY DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The January 1999 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MELBURY DRIVE has not materially changed since January 1999.

How Large is 24 MELBURY DRIVE?

24 MELBURY DRIVE is 90m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% 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 24 MELBURY DRIVE lies on this distribution: 21% of detached houses houses are smaller than 24 MELBURY DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Horwich.

24 MELBURY DRIVE: Plot and Title Map

24 MELBURY DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 24 MELBURY 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 24 MELBURY 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 24 MELBURY DRIVE?

24 MELBURY DRIVE is located in LOSTOCK, in the BL6 postcode district. The below map shows the position of No. 24 on MELBURY DRIVE.