2, CEDAR WOOD CLOSE, BOWGREAVE, PRESTON, PR3 1ZW - £298,000

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

2 CEDAR WOOD CLOSE is a small detached house of 122m². It was last sold for £298,000 in December 2020, which was around 25% above the average December 2020 detached price in the Wyre local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

2 CEDAR WOOD CLOSE Sold Prices

Land registry data shows two sales for 2 CEDAR WOOD CLOSE 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 2 CEDAR WOOD 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
2020 18 DEC	£298,000	£238,521	25% above HPI
2018 15 JUN	£4,350,000	£221,507	1864% above HPI

2 CEDAR WOOD CLOSE 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 2 CEDAR WOOD CLOSE sales from June 2018 and December 2020 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 2018 sale was for 1864% above the HPI. So the extrapolation line tracks at 1864% above the HPI over time, until the December 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 CEDAR WOOD CLOSE?

2 CEDAR WOOD CLOSE is 122m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of detached houses in Bowgreave, based on EPC data. The below chart shows the distribution of detached houses by size in Bowgreave, and where 2 CEDAR WOOD CLOSE lies on this distribution: 40% of detached houses are smaller than 2 CEDAR WOOD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bowgreave.

2 CEDAR WOOD CLOSE: Plot and Title Map

2 CEDAR WOOD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 CEDAR WOOD 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 2 CEDAR WOOD 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 2 CEDAR WOOD CLOSE?

2 CEDAR WOOD CLOSE is located in BOWGREAVE, in the PR3 postcode district. The below map shows the position of No. 2 on CEDAR WOOD CLOSE.