31, GREENSMITH WAY, WESTHOUGHTON, BOLTON, BL5 3BR - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 GREENSMITH WAY is a very small detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £208,733. It was last sold for £130,000 in December 2016, which was around 42% below the average December 2016 detached price in the Bolton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

31 GREENSMITH WAY Sold Prices

Land registry data shows four sales for 31 GREENSMITH WAY 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. All of the four 31 GREENSMITH WAY 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
2016 19 DEC	£130,000	£225,812	42% below HPI
2013 28 JUN	£125,000	£195,246	36% below HPI
2006 2 AUG	£124,995	£210,377	41% below HPI
2003 29 AUG	£103,000	£137,180	25% below HPI

31 GREENSMITH WAY 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 31 GREENSMITH WAY sales between August 2003 and December 2016 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 31 GREENSMITH WAY be worth now?

31 GREENSMITH WAY might now be worth an estimated £208,733.

This is based on house price inflation of 60.6%, between December 2016 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 60.6% inflationary increase is applied to the most recent sale price for 31 GREENSMITH WAY of £130,000 on 19th December 2016. For the value to have increased from £130,000 to £208,733 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 GREENSMITH WAY has moved in line with the HPI for detached houses in the Bolton local authority area.
• The December 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GREENSMITH WAY has not materially changed since December 2016.

How Large is 31 GREENSMITH WAY?

31 GREENSMITH WAY is 55m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses houses in Wingates, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wingates, and where 31 GREENSMITH WAY lies on this distribution: 1% of detached houses houses are smaller than 31 GREENSMITH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Wingates.

31 GREENSMITH WAY: Plot and Title Map

31 GREENSMITH WAY sits on a plot of roughly 281.7 acres, or 1,139,856m². The below map shows the location of 31 GREENSMITH WAY, 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 31 GREENSMITH WAY). 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 31 GREENSMITH WAY?

31 GREENSMITH WAY is located in WESTHOUGHTON, in the BL5 postcode district. The below map shows the position of No. 31 on GREENSMITH WAY.