2, COLERIDGE CLOSE, COTTAM, PRESTON, PR4 0NJ - £301,000

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.

2 COLERIDGE CLOSE is a large extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £318,474. It was last sold for £301,000 in December 2023, which was around 3% below the average December 2023 detached price in the Preston local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

2 COLERIDGE CLOSE Sold Prices

Land registry data shows four sales for 2 COLERIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Most of the four 2 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
2023 15 DEC	£301,000	£310,538	3% below HPI
2013 27 MAR	£229,000	£211,535	8% above HPI
2005 26 AUG	£248,200	£217,319	14% above HPI
1999 29 OCT	£119,995	£97,788	23% above HPI

2 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 four 2 COLERIDGE CLOSE sales between October 1999 and December 2023 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 March 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 COLERIDGE CLOSE be worth now?

2 COLERIDGE CLOSE might now be worth an estimated £318,474.

This is based on house price inflation of 5.8%, between December 2023 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 5.8% inflationary increase is applied to the most recent sale price for 2 COLERIDGE CLOSE of £301,000 on 15th December 2023. For the value to have increased from £301,000 to £318,474 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 COLERIDGE CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2023 sale price of £301,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COLERIDGE CLOSE has not materially changed since December 2023.

How Large is 2 COLERIDGE CLOSE?

2 COLERIDGE CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 2 COLERIDGE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 COLERIDGE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 COLERIDGE CLOSE: Plot and Title Map

2 COLERIDGE CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 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 2 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 2 COLERIDGE CLOSE?

2 COLERIDGE CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 2 on COLERIDGE CLOSE.