40, SMITH LANE, EGERTON, BOLTON, BL7 9EZ - £525,000

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

40 SMITH LANE is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £525,000 in July 2024, which was around 51% above the average July 2024 detached price in the Bolton local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

40 SMITH LANE Sold Prices

Land registry data shows two sales for 40 SMITH LANE 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. One of the two 40 SMITH LANE sales was for above the average price, whilst the other was 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
2024 26 JUL	£525,000	£348,214	51% above HPI
2018 6 JUL	£225,000	£236,441	5% below HPI

40 SMITH LANE 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 SMITH LANE sales from July 2018 and July 2024 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 July 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2024 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 40 SMITH LANE?

40 SMITH LANE is 95m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Bolton, based on EPC data. The below chart shows the distribution of detached houses by size in Bolton, and where 40 SMITH LANE lies on this distribution: 30% of detached houses are smaller than 40 SMITH LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bolton.

40 SMITH LANE: Plot and Title Map

40 SMITH LANE sits on a plot of roughly 10.7 acres, or 43,269m². The below map shows the location of 40 SMITH LANE, 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 SMITH LANE). 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 SMITH LANE?

40 SMITH LANE is located in EGERTON, in the BL7 postcode district. The below map shows the position of No. 40 on SMITH LANE.