THE HOMESTEAD, HIGHER AUSTINS, LOSTOCK, BOLTON, BL6 4NA - £385,000

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.

THE HOMESTEAD is a very large extended detached house of 189m², built sometime between 1900 and 1929, which could now be worth an estimated £646,763. It was last sold for £385,000 in November 2015, which was around 78% above the average November 2015 detached price in the Bolton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was D.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD 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 THE HOMESTEAD 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
2015 26 NOV	£385,000	£215,829	78% above HPI
2002 2 AUG	£232,500	£113,747	104% above HPI

THE HOMESTEAD 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 THE HOMESTEAD sales from August 2002 and November 2015 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 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the November 2015 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £646,763.

This is based on house price inflation of 68%, between November 2015 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 68% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £385,000 on 26th November 2015. For the value to have increased from £385,000 to £646,763 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the Bolton local authority area.
• The November 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since November 2015.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 189m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 10% of detached houses houses in Horwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horwich, and where THE HOMESTEAD lies on this distribution: 94% of detached houses houses are smaller than THE HOMESTEAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Horwich.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.530 of an acre, or 2,146m². The below map shows the location of THE HOMESTEAD, 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 THE HOMESTEAD). 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 THE HOMESTEAD?

THE HOMESTEAD is located on HIGHER AUSTINS in LOSTOCK, in the BL6 postcode district. The below map shows the position of THE HOMESTEAD on HIGHER AUSTINS.