12, MILLERSGATE, COTTAM, PRESTON, PR4 0AZ - £203,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MILLERSGATE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £203,000 in January 2007, which was around 9% below the average January 2007 detached price in the Preston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

12 MILLERSGATE Sold Prices

Land registry data shows two sales for 12 MILLERSGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 12 MILLERSGATE 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
2007 26 JAN	£203,000	£222,264	9% below HPI
2003 21 NOV	£146,000	£155,755	6% below HPI

12 MILLERSGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 12 MILLERSGATE sales from November 2003 and January 2007 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 November 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 MILLERSGATE?

12 MILLERSGATE is 113m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 12 MILLERSGATE lies on this distribution: 44% of detached houses are smaller than 12 MILLERSGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in Cottam.

12 MILLERSGATE: Plot and Title Map

12 MILLERSGATE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 12 MILLERSGATE, 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 12 MILLERSGATE). 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 12 MILLERSGATE?

12 MILLERSGATE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 12 on MILLERSGATE.