1, PEAR TREE DRIVE, FARNWORTH, BOLTON, BL4 9RR - £131,500

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.

1 PEAR TREE DRIVE is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £243,227. It was last sold for £131,500 in May 2014, which was around 34% below the average May 2014 detached price in the Bolton local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

1 PEAR TREE DRIVE Sold Prices

Land registry data shows two sales for 1 PEAR TREE 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 1 PEAR TREE DRIVE sales 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
2014 23 MAY	£131,500	£198,348	34% below HPI
2006 17 MAR	£176,950	£195,271	9% below HPI

1 PEAR TREE 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 1 PEAR TREE DRIVE sales from March 2006 and May 2014 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 March 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 PEAR TREE DRIVE be worth now?

1 PEAR TREE DRIVE might now be worth an estimated £243,227.

This is based on house price inflation of 85%, between May 2014 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 85% inflationary increase is applied to the most recent sale price for 1 PEAR TREE DRIVE of £131,500 on 23rd May 2014. For the value to have increased from £131,500 to £243,227 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 1 PEAR TREE DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The May 2014 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PEAR TREE DRIVE has not materially changed since May 2014.

How Large is 1 PEAR TREE DRIVE?

1 PEAR TREE DRIVE is 68m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Farnworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnworth, and where 1 PEAR TREE DRIVE lies on this distribution: 8% of detached houses houses are smaller than 1 PEAR TREE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Farnworth.

1 PEAR TREE DRIVE: Plot and Title Map

1 PEAR TREE DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 1 PEAR TREE 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 1 PEAR TREE 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 1 PEAR TREE DRIVE?

1 PEAR TREE DRIVE is located in FARNWORTH, in the BL4 postcode district. The below map shows the position of No. 1 on PEAR TREE DRIVE.