REDCOT, GRANGE ROAD, BROMLEY CROSS, BOLTON, BL7 9AU - £587,500

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.

REDCOT is a very large extended detached house of 199m², built sometime between 1900 and 1929, which could now be worth an estimated £682,966. It was last sold for £587,500 in March 2022, which was around 86% above the average March 2022 detached price in the Bolton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

REDCOT Sold Prices

Land registry data shows two sales for REDCOT 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 REDCOT 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
2022 4 MAR	£587,500	£315,589	86% above HPI
2005 13 JUL	£430,000	£192,884	123% above HPI

REDCOT 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 REDCOT sales from July 2005 and March 2022 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 2005 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the March 2022 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might REDCOT be worth now?

REDCOT might now be worth an estimated £682,966.

This is based on house price inflation of 16.2%, between March 2022 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 16.2% inflationary increase is applied to the most recent sale price for REDCOT of £587,500 on 4th March 2022. For the value to have increased from £587,500 to £682,966 over the three years to March 2025, the following assumptions must hold true:

• The value of REDCOT has moved in line with the HPI for detached houses in the Bolton local authority area.
• The March 2022 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of REDCOT has not materially changed since March 2022.

How Large is REDCOT?

REDCOT is 199m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 REDCOT lies on this distribution: 88% of detached houses houses are smaller than REDCOT, and 12% of houses are larger. Note that EPC data is not available for all properties in Bolton.

REDCOT: Plot and Title Map

REDCOT sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of REDCOT, 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 REDCOT). 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 REDCOT?

REDCOT is located on GRANGE ROAD in BROMLEY CROSS, in the BL7 postcode district. The below map shows the position of REDCOT on GRANGE ROAD.