5, NORFOLK DRIVE, FARNWORTH, BOLTON, BL4 7JS - £225,000

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.

5 NORFOLK DRIVE is a large extended detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £313,696. It was last sold for £225,000 in May 2020, which was around 13% below the average May 2020 detached price in the Bolton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

5 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 5 NORFOLK 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 5 NORFOLK 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
2020 20 MAY	£225,000	£257,407	13% below HPI
2002 19 JUL	£57,000	£110,830	49% below HPI

5 NORFOLK 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 5 NORFOLK DRIVE sales from July 2002 and May 2020 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 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 NORFOLK DRIVE be worth now?

5 NORFOLK DRIVE might now be worth an estimated £313,696.

This is based on house price inflation of 39.4%, between May 2020 and June 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 39.4% inflationary increase is applied to the most recent sale price for 5 NORFOLK DRIVE of £225,000 on 20th May 2020. For the value to have increased from £225,000 to £313,696 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 NORFOLK DRIVE has moved in line with the HPI for detached houses in the Bolton local authority area.
• The May 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NORFOLK DRIVE has not materially changed since May 2020.

How Large is 5 NORFOLK DRIVE?

5 NORFOLK DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 5 NORFOLK DRIVE lies on this distribution: 80% of detached houses houses are smaller than 5 NORFOLK DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Farnworth.

5 NORFOLK DRIVE: Plot and Title Map

5 NORFOLK DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 NORFOLK 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 5 NORFOLK 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 5 NORFOLK DRIVE?

5 NORFOLK DRIVE is located in FARNWORTH, in the BL4 postcode district. The below map shows the position of No. 5 on NORFOLK DRIVE.