1, LODGE COTTAGE, PRESTON ROAD, INSKIP, PRESTON, PR4 0TT - £331,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LODGE COTTAGE is a midsized detached house of 120m², built sometime before 1900. It was last sold for £331,000 in January 2018, which was around 46% above the average January 2018 detached price in the Wyre local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was A.

1 LODGE COTTAGE Sold Prices

Land registry data shows two sales for 1 LODGE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 1 LODGE COTTAGE 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
2018 25 JAN	£331,000	£226,697	46% above HPI
2016 29 JUL	£237,500	£209,972	13% above HPI

1 LODGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 1 LODGE COTTAGE sales from July 2016 and January 2018 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 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 1 LODGE COTTAGE?

1 LODGE COTTAGE is 120m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Inskip, based on EPC data. The below chart shows the distribution of detached houses by size in Inskip, and where 1 LODGE COTTAGE lies on this distribution: 48% of detached houses are smaller than 1 LODGE COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Inskip.

1 LODGE COTTAGE: Plot and Title Map

1 LODGE COTTAGE sits on a plot of roughly 0.384 of an acre, or 1,554m². The below map shows the location of 1 LODGE COTTAGE, 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 LODGE COTTAGE). 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 LODGE COTTAGE?

1 LODGE COTTAGE is located on PRESTON ROAD in INSKIP, in the PR4 postcode district. The below map shows the position of 1 LODGE COTTAGE on PRESTON ROAD.