8, PARAMEL AVENUE, LITTLE LEVER, BOLTON, BL3 1PS - £250,000

8 PARAMEL AVENUE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £250,000 in January 2023, which was around 25% below the average January 2023 detached price in the Bolton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 PARAMEL AVENUE Sold Prices

Land registry data shows three sales for 8 PARAMEL AVENUE 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 8 PARAMEL AVENUE 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
2023 31 JAN	£250,000	£335,551	25% below HPI
2022 30 JUN	£230,000	£316,390	27% below HPI
2004 22 DEC	£169,000	£178,858	6% below HPI

8 PARAMEL AVENUE 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 8 PARAMEL AVENUE sales between December 2004 and January 2023 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 June 2022 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 PARAMEL AVENUE?

8 PARAMEL AVENUE is 80m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Little Lever, based on EPC data. The below chart shows the distribution of detached houses by size in Little Lever, and where 8 PARAMEL AVENUE lies on this distribution: 15% of detached houses are smaller than 8 PARAMEL AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Little Lever.

8 PARAMEL AVENUE: Plot and Title Map

8 PARAMEL AVENUE sits on a plot of roughly 0.379 of an acre, or 1,536m². The below map shows the location of 8 PARAMEL AVENUE, 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 8 PARAMEL AVENUE). 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 8 PARAMEL AVENUE?

8 PARAMEL AVENUE is located in LITTLE LEVER, in the BL3 postcode district. The below map shows the position of No. 8 on PARAMEL AVENUE.