36, ELDER DRIVE, BOLTON, BL3 1AT - £215,000

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.

36 ELDER DRIVE is a midsized extended detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £297,926. It was last sold for £215,000 in August 2020, which was around 18% below the average August 2020 detached price in the Bolton local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

36 ELDER DRIVE Sold Prices

Land registry data shows two sales for 36 ELDER 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 36 ELDER 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
2020 7 AUG	£215,000	£261,652	18% below HPI
2005 28 OCT	£166,995	£198,929	16% below HPI

36 ELDER 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 36 ELDER DRIVE sales from October 2005 and August 2020 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 October 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 36 ELDER DRIVE be worth now?

36 ELDER DRIVE might now be worth an estimated £297,926.

This is based on house price inflation of 38.6%, between August 2020 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 38.6% inflationary increase is applied to the most recent sale price for 36 ELDER DRIVE of £215,000 on 7th August 2020. For the value to have increased from £215,000 to £297,926 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 36 ELDER DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The August 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 36 ELDER DRIVE has not materially changed since August 2020.

How Large is 36 ELDER DRIVE?

36 ELDER DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 50% 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 36 ELDER DRIVE lies on this distribution: 51% of detached houses houses are smaller than 36 ELDER DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bolton.

36 ELDER DRIVE: Plot and Title Map

36 ELDER DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 36 ELDER 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 36 ELDER 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 36 ELDER DRIVE?

36 ELDER DRIVE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 36 on ELDER DRIVE.