491, CHORLEY NEW ROAD, BOLTON, BL1 5DQ - £243,000

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.

491 CHORLEY NEW ROAD is a midsized extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £366,573. It was last sold for £243,000 in October 2017, which was around 1% above the average October 2017 detached price in the Bolton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was D.

491 CHORLEY NEW ROAD Sold Prices

Land registry data shows four sales for 491 CHORLEY NEW ROAD 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. Most of the four 491 CHORLEY NEW ROAD 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
2017 27 OCT	£243,000	£240,348	1% above HPI
2015 23 JAN	£170,000	£203,851	17% below HPI
2003 14 FEB	£187,500	£119,933	56% above HPI
1999 20 DEC	£110,000	£85,922	28% above HPI

491 CHORLEY NEW ROAD 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 491 CHORLEY NEW ROAD sales between December 1999 and October 2017 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 January 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 491 CHORLEY NEW ROAD be worth now?

491 CHORLEY NEW ROAD might now be worth an estimated £366,573.

This is based on house price inflation of 50.9%, between October 2017 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 50.9% inflationary increase is applied to the most recent sale price for 491 CHORLEY NEW ROAD of £243,000 on 27th October 2017. For the value to have increased from £243,000 to £366,573 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 491 CHORLEY NEW ROAD has moved in line with the HPI for detached houses in the Bolton local authority area.
• The October 2017 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 491 CHORLEY NEW ROAD has not materially changed since October 2017.

How Large is 491 CHORLEY NEW ROAD?

491 CHORLEY NEW ROAD is 118m², which includes four extensions, according to the EPC inspection conducted in August 2016. 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 491 CHORLEY NEW ROAD lies on this distribution: 54% of detached houses houses are smaller than 491 CHORLEY NEW ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Bolton.

491 CHORLEY NEW ROAD: Plot and Title Map

491 CHORLEY NEW ROAD sits on a plot of roughly 4.3 acres, or 17,321m². The below map shows the location of 491 CHORLEY NEW ROAD, 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 491 CHORLEY NEW ROAD). 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 491 CHORLEY NEW ROAD?

491 CHORLEY NEW ROAD is located in BOLTON, in the BL1 postcode district. The below map shows the position of No. 491 on CHORLEY NEW ROAD.