THE MEADS, MARKLAND HILL, BOLTON, BL1 5AL - £1,310,000

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

THE MEADS is a very large extended detached house of 529m², built sometime between 1900 and 1929. It was last sold for £1,310,000 in February 2016, which was around 516% above the average February 2016 detached price in the Bolton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

THE MEADS Sold Prices

Land registry data shows three sales for THE MEADS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. All of the three THE MEADS 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
2016 26 FEB	£1,310,000	£212,798	516% above HPI
1998 2 OCT	£470,000	£79,859	489% above HPI
1995 8 DEC	£320,000	£70,375	355% above HPI

THE MEADS 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 three THE MEADS sales between December 1995 and February 2016 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 October 1998 sale was for 489% above the HPI. So the extrapolation line tracks at 489% above the HPI over time, until the February 2016 sale, where it rises to 516% above the HPI. The line then continues to track at 516% above the HPI.

What might THE MEADS be worth now?

THE MEADS might now be worth an estimated £2,195,945.

This is based on house price inflation of 67.6%, between February 2016 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 67.6% inflationary increase is applied to the most recent sale price for THE MEADS of £1,310,000 on 26th February 2016. For the value to have increased from £1,310,000 to £2,195,945 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of THE MEADS has moved in line with the HPI for detached houses in the Bolton local authority area.
• The February 2016 sale price of £1,310,000 represented a fair market value for the property.
• The size, condition, and specification of THE MEADS has not materially changed since February 2016.

How Large is THE MEADS?

THE MEADS is 529m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 THE MEADS lies on this distribution: More than 99% of detached houses houses are smaller than THE MEADS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bolton.

THE MEADS: Plot and Title Map

THE MEADS sits on a plot of roughly 0.536 of an acre, or 2,168m². The below map shows the location of THE MEADS, 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 MEADS). 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 MEADS?

THE MEADS is located on MARKLAND HILL in BOLTON, in the BL1 postcode district. The below map shows the position of THE MEADS on MARKLAND HILL.