38, NEWSTEAD DRIVE, BOLTON, BL3 3RE - £278,000

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

38 NEWSTEAD DRIVE is a midsized detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £461,372. It was last sold for £278,000 in October 2015, which was around 29% above the average October 2015 detached price in the Bolton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

38 NEWSTEAD DRIVE Sold Prices

Land registry data shows four sales for 38 NEWSTEAD DRIVE 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 38 NEWSTEAD DRIVE sales 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
2015 20 OCT	£278,000	£214,937	29% above HPI
2005 30 NOV	£249,999	£201,091	24% above HPI
2002 10 APR	£142,950	£103,274	38% above HPI
1999 30 JUN	£122,500	£82,226	49% above HPI

38 NEWSTEAD 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 four 38 NEWSTEAD DRIVE sales between June 1999 and October 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 November 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 38 NEWSTEAD DRIVE be worth now?

38 NEWSTEAD DRIVE might now be worth an estimated £461,372.

This is based on house price inflation of 66%, between October 2015 and December 2024, 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 66% inflationary increase is applied to the most recent sale price for 38 NEWSTEAD DRIVE of £278,000 on 20th October 2015. For the value to have increased from £278,000 to £461,372 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 38 NEWSTEAD DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The October 2015 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NEWSTEAD DRIVE has not materially changed since October 2015.

How Large is 38 NEWSTEAD DRIVE?

38 NEWSTEAD DRIVE is 125m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 38 NEWSTEAD DRIVE lies on this distribution: 60% of detached houses houses are smaller than 38 NEWSTEAD DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bolton.

38 NEWSTEAD DRIVE: Plot and Title Map

38 NEWSTEAD DRIVE sits on a plot of roughly 7.2 acres, or 29,013m². The below map shows the location of 38 NEWSTEAD 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 38 NEWSTEAD 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 38 NEWSTEAD DRIVE?

38 NEWSTEAD DRIVE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 38 on NEWSTEAD DRIVE.