7, ERSKINE CLOSE, BOLTON, BL3 4UG - £264,000

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.

7 ERSKINE CLOSE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £375,636. It was last sold for £264,000 in March 2020, which was around 2% above the average March 2020 detached price in the Bolton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

7 ERSKINE CLOSE Sold Prices

Land registry data shows four sales for 7 ERSKINE CLOSE 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. two of the four 7 ERSKINE CLOSE sales were for above the average price, and four 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 20 MAR	£264,000	£257,840	2% above HPI
2018 26 JAN	£205,500	£237,311	13% below HPI
2004 28 SEP	£160,000	£178,721	10% below HPI
1997 28 APR	£88,450	£74,567	19% above HPI

7 ERSKINE CLOSE 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 7 ERSKINE CLOSE sales between April 1997 and March 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 January 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 ERSKINE CLOSE be worth now?

7 ERSKINE CLOSE might now be worth an estimated £375,636.

This is based on house price inflation of 42.3%, between March 2020 and March 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 42.3% inflationary increase is applied to the most recent sale price for 7 ERSKINE CLOSE of £264,000 on 20th March 2020. For the value to have increased from £264,000 to £375,636 over the five years to March 2025, the following assumptions must hold true:

• The value of 7 ERSKINE CLOSE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The March 2020 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ERSKINE CLOSE has not materially changed since March 2020.

How Large is 7 ERSKINE CLOSE?

7 ERSKINE CLOSE is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 7 ERSKINE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 7 ERSKINE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bolton.

7 ERSKINE CLOSE: Plot and Title Map

7 ERSKINE CLOSE sits on a plot of roughly 57.1 acres, or 231,136m². The below map shows the location of 7 ERSKINE CLOSE, 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 7 ERSKINE CLOSE). 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 7 ERSKINE CLOSE?

7 ERSKINE CLOSE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 7 on ERSKINE CLOSE.