2, FLOWERFIELD, COTTAM, PRESTON, PR4 0BG - £286,000

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 FLOWERFIELD is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £286,000 in April 2022, which was around 7% above the average April 2022 detached price in the Preston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 FLOWERFIELD Sold Prices

Land registry data shows two sales for 2 FLOWERFIELD 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 2 FLOWERFIELD 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
2022 20 APR	£286,000	£267,259	7% above HPI
1995 17 MAR	£88,000	£80,208	10% above HPI

2 FLOWERFIELD 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 2 FLOWERFIELD sales from March 1995 and April 2022 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 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 FLOWERFIELD?

2 FLOWERFIELD is 112m², which includes two extensions, according to the EPC inspection conducted in January 2022. 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 2 FLOWERFIELD lies on this distribution: 44% of detached houses are smaller than 2 FLOWERFIELD, and 56% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 FLOWERFIELD: Plot and Title Map

2 FLOWERFIELD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 FLOWERFIELD, 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 FLOWERFIELD). 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 FLOWERFIELD?

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