3, ERSKINE CLOSE, BOLTON, BL3 4UG - £180,000

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 ERSKINE CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £290,366. It was last sold for £180,000 in March 2017, which was around 21% below the average March 2017 detached price in the Bolton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 ERSKINE CLOSE Sold Prices

Land registry data shows two sales for 3 ERSKINE 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. Both of the two 3 ERSKINE CLOSE 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
2017 23 MAR	£180,000	£227,426	21% below HPI
2000 23 JUN	£81,500	£85,483	5% below HPI

3 ERSKINE 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 ERSKINE CLOSE sales from June 2000 and March 2017 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 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 ERSKINE CLOSE be worth now?

3 ERSKINE CLOSE might now be worth an estimated £290,366.

This is based on house price inflation of 61.3%, between March 2017 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 61.3% inflationary increase is applied to the most recent sale price for 3 ERSKINE CLOSE of £180,000 on 23rd March 2017. For the value to have increased from £180,000 to £290,366 over the eight years to March 2025, the following assumptions must hold true:

• The value of 3 ERSKINE CLOSE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The March 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ERSKINE CLOSE has not materially changed since March 2017.

How Large is 3 ERSKINE CLOSE?

3 ERSKINE CLOSE is 77m² according to the EPC inspection conducted in January 2015. 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 3 ERSKINE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 ERSKINE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bolton.

3 ERSKINE CLOSE: Plot and Title Map

3 ERSKINE CLOSE sits on a plot of roughly 57.1 acres, or 231,136m². The below map shows the location of 3 ERSKINE 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 ERSKINE 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 ERSKINE CLOSE?

3 ERSKINE CLOSE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 3 on ERSKINE CLOSE.