40, COLCHESTER DRIVE, FARNWORTH, BOLTON, BL4 0LU - £129,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 COLCHESTER DRIVE is a midsized detached house of 94m², built sometime between 1950 and 1966. It was last sold for £129,000 in November 2003, which was around 7% below the average November 2003 detached price in the Bolton local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was D.

40 COLCHESTER DRIVE Sold Prices

Land registry data shows two sales for 40 COLCHESTER 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 40 COLCHESTER 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
2003 24 NOV	£129,000	£138,548	7% below HPI
1995 12 MAY	£60,000	£71,458	16% below HPI

40 COLCHESTER 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 40 COLCHESTER DRIVE sales from May 1995 and November 2003 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 40 COLCHESTER DRIVE?

40 COLCHESTER DRIVE is 94m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses in Farnworth, based on EPC data. The below chart shows the distribution of detached houses by size in Farnworth, and where 40 COLCHESTER DRIVE lies on this distribution: 48% of detached houses are smaller than 40 COLCHESTER DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Farnworth.

40 COLCHESTER DRIVE: Plot and Title Map

40 COLCHESTER DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 40 COLCHESTER 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 40 COLCHESTER 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 40 COLCHESTER DRIVE?

40 COLCHESTER DRIVE is located in FARNWORTH, in the BL4 postcode district. The below map shows the position of No. 40 on COLCHESTER DRIVE.