3, MEGFIELD, WESTHOUGHTON, BOLTON, BL5 2JA - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MEGFIELD is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £305,000 in October 2023, which was around 8% below the average October 2023 detached price in the Bolton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

3 MEGFIELD Sold Prices

Land registry data shows four sales for 3 MEGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. two of the four 3 MEGFIELD sales were for below the average price, and four 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
2023 20 OCT	£305,000	£333,248	8% below HPI
2013 31 MAY	£192,500	£190,191	1% above HPI
2003 1 AUG	£150,000	£132,876	13% above HPI
1998 27 NOV	£58,500	£77,511	25% below HPI

3 MEGFIELD 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 four 3 MEGFIELD sales between November 1998 and October 2023 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 May 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 MEGFIELD?

3 MEGFIELD is 99m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Westhoughton, based on EPC data. The below chart shows the distribution of detached houses by size in Westhoughton, and where 3 MEGFIELD lies on this distribution: 40% of detached houses are smaller than 3 MEGFIELD, and 59% of houses are larger. Note that EPC data is not available for all properties in Westhoughton.

3 MEGFIELD: Plot and Title Map

3 MEGFIELD sits on a plot of roughly 1.1 acres, or 4,486m². The below map shows the location of 3 MEGFIELD, 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 MEGFIELD). 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 MEGFIELD?

3 MEGFIELD is located in WESTHOUGHTON, in the BL5 postcode district. The below map shows the position of No. 3 on MEGFIELD.