48, COLCHESTER DRIVE, FARNWORTH, BOLTON, BL4 0LU - £199,995

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.

48 COLCHESTER DRIVE is a very large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £349,254. It was last sold for £199,995 in October 2010, which was around 5% below the average October 2010 detached price in the Bolton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

48 COLCHESTER DRIVE Sold Prices

Land registry data shows three sales for 48 COLCHESTER DRIVE 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. Two of the three 48 COLCHESTER DRIVE sales were for below the average price, whilst one was 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
2010 15 OCT	£199,995	£210,083	5% below HPI
2010 13 AUG	£195,000	£207,236	6% below HPI
1995 31 MAR	£88,500	£73,216	21% above HPI

48 COLCHESTER 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 three 48 COLCHESTER DRIVE sales between March 1995 and October 2010 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 48 COLCHESTER DRIVE be worth now?

48 COLCHESTER DRIVE might now be worth an estimated £349,254.

This is based on house price inflation of 74.6%, between October 2010 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 74.6% inflationary increase is applied to the most recent sale price for 48 COLCHESTER DRIVE of £199,995 on 15th October 2010. For the value to have increased from £199,995 to £349,254 over the fifteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 48 COLCHESTER DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The October 2010 sale price of £199,995 represented a fair market value for the property.
• The size, condition, and specification of 48 COLCHESTER DRIVE has not materially changed since October 2010.

How Large is 48 COLCHESTER DRIVE?

48 COLCHESTER DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 48 COLCHESTER DRIVE lies on this distribution: 85% of detached houses houses are smaller than 48 COLCHESTER DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Farnworth.

48 COLCHESTER DRIVE: Plot and Title Map

48 COLCHESTER DRIVE sits on a plot of roughly 0.249 of an acre, or 1,006m². The below map shows the location of 48 COLCHESTER 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 48 COLCHESTER 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 48 COLCHESTER DRIVE?

48 COLCHESTER DRIVE is located in FARNWORTH, in the BL4 postcode district. The below map shows the position of No. 48 on COLCHESTER DRIVE.