13, COLERIDGE CLOSE, COTTAM, PRESTON, PR4 0NJ - £250,000

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.

13 COLERIDGE CLOSE is a very small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £363,862. It was last sold for £250,000 in May 2011, which was around 11% above the average May 2011 detached price in the Preston local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

13 COLERIDGE CLOSE Sold Prices

Land registry data shows three sales for 13 COLERIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 13 COLERIDGE CLOSE 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
2011 27 MAY	£250,000	£225,749	11% above HPI
2006 24 OCT	£260,000	£239,689	8% above HPI
2000 16 FEB	£118,000	£98,529	20% above HPI

13 COLERIDGE CLOSE 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 three 13 COLERIDGE CLOSE sales between February 2000 and May 2011 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 October 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 13 COLERIDGE CLOSE be worth now?

13 COLERIDGE CLOSE might now be worth an estimated £363,862.

This is based on house price inflation of 45.5%, between May 2011 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.5% inflationary increase is applied to the most recent sale price for 13 COLERIDGE CLOSE of £250,000 on 27th May 2011. For the value to have increased from £250,000 to £363,862 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 13 COLERIDGE CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The May 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 13 COLERIDGE CLOSE has not materially changed since May 2011.

How Large is 13 COLERIDGE CLOSE?

13 COLERIDGE CLOSE is 87m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 13 COLERIDGE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 13 COLERIDGE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cottam.

13 COLERIDGE CLOSE: Plot and Title Map

13 COLERIDGE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 13 COLERIDGE CLOSE, 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 13 COLERIDGE CLOSE). 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 13 COLERIDGE CLOSE?

13 COLERIDGE CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 13 on COLERIDGE CLOSE.