197A, HOYLES LANE, COTTAM, PRESTON, PR4 0LD - £235,000

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

197A HOYLES LANE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £235,000 in August 2018, which was around 2% above the average August 2018 detached price in the Preston local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was A.

197A HOYLES LANE Sold Prices

Land registry data shows three sales for 197A HOYLES LANE 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. Two of the three 197A HOYLES LANE sales were for above the average price, whilst one was 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
2018 22 AUG	£235,000	£230,293	2% above HPI
2016 20 JUN	£175,000	£223,784	22% below HPI
1999 11 OCT	£104,000	£91,751	13% above HPI

197A HOYLES LANE 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 197A HOYLES LANE sales between October 1999 and August 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 June 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 197A HOYLES LANE?

197A HOYLES LANE is 87m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 197A HOYLES LANE lies on this distribution: 7% of detached houses are smaller than 197A HOYLES LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cottam.

197A HOYLES LANE: Plot and Title Map

197A HOYLES LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 197A HOYLES LANE, 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 197A HOYLES LANE). 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 197A HOYLES LANE?

197A HOYLES LANE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 197A on HOYLES LANE.