3, ELSHAM CLOSE, BOLTON, BL1 7BL - £187,000

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.

3 ELSHAM CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £325,019. It was last sold for £187,000 in May 2015, which was around 10% below the average May 2015 detached price in the Bolton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

3 ELSHAM CLOSE Sold Prices

Land registry data shows two sales for 3 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 3 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
2015 29 MAY	£187,000	£208,606	10% below HPI
1999 26 MAR	£85,350	£78,202	9% above HPI

3 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 3 ELSHAM CLOSE sales from March 1999 and May 2015 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 March 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 ELSHAM CLOSE be worth now?

3 ELSHAM CLOSE might now be worth an estimated £325,019.

This is based on house price inflation of 73.8%, between May 2015 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 73.8% inflationary increase is applied to the most recent sale price for 3 ELSHAM CLOSE of £187,000 on 29th May 2015. For the value to have increased from £187,000 to £325,019 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 3 ELSHAM CLOSE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The May 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELSHAM CLOSE has not materially changed since May 2015.

How Large is 3 ELSHAM CLOSE?

3 ELSHAM CLOSE is 97m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 3 ELSHAM CLOSE lies on this distribution: 32% of detached houses houses are smaller than 3 ELSHAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bolton.

3 ELSHAM CLOSE: Plot and Title Map

3 ELSHAM CLOSE sits on a plot of roughly 0.664 of an acre, or 2,689m². The below map shows the location of 3 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 3 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 3 ELSHAM CLOSE?

3 ELSHAM CLOSE is located in BOLTON, in the BL1 postcode district. The below map shows the position of No. 3 on ELSHAM CLOSE.