8, NEWSTEAD DRIVE, BOLTON, BL3 3RE - £280,000

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

8 NEWSTEAD DRIVE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £441,921. It was last sold for £280,000 in August 2008, which was around 24% above the average August 2008 detached price in the Bolton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

8 NEWSTEAD DRIVE Sold Prices

Land registry data shows two sales for 8 NEWSTEAD 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 8 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
2008 7 AUG	£280,000	£226,012	24% above HPI
1998 7 AUG	£100,400	£79,141	27% above HPI

8 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 two 8 NEWSTEAD DRIVE sales from August 1998 and August 2008 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 August 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2008 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 NEWSTEAD DRIVE be worth now?

8 NEWSTEAD DRIVE might now be worth an estimated £441,921.

This is based on house price inflation of 57.8%, between August 2008 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 57.8% inflationary increase is applied to the most recent sale price for 8 NEWSTEAD DRIVE of £280,000 on 7th August 2008. For the value to have increased from £280,000 to £441,921 over the fifteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 NEWSTEAD DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The August 2008 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEWSTEAD DRIVE has not materially changed since August 2008.

How Large is 8 NEWSTEAD DRIVE?

8 NEWSTEAD DRIVE is 120m² according to the EPC inspection conducted in March 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 8 NEWSTEAD DRIVE lies on this distribution: 56% of detached houses houses are smaller than 8 NEWSTEAD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bolton.

8 NEWSTEAD DRIVE: Plot and Title Map

8 NEWSTEAD DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 8 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 8 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 8 NEWSTEAD DRIVE?

8 NEWSTEAD DRIVE is located in BOLTON, in the BL3 postcode district. The below map shows the position of No. 8 on NEWSTEAD DRIVE.