2, MEADOWBARN CLOSE, COTTAM, PRESTON, PR4 0AG - £215,000

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 MEADOWBARN CLOSE is a very small extended detached house of 68m², built sometime between 1991 and 1995. It was last sold for £215,000 in October 2021, which was around 17% below the average October 2021 detached price in the Preston local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 MEADOWBARN CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOWBARN 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 Preston local authority area for the corresponding sale date. Both of the two 2 MEADOWBARN CLOSE sales were 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
2021 15 OCT	£215,000	£259,822	17% below HPI
2020 1 MAY	£180,000	£225,875	20% below HPI

2 MEADOWBARN 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 two 2 MEADOWBARN CLOSE sales from May 2020 and October 2021 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 May 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 MEADOWBARN CLOSE?

2 MEADOWBARN CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 2 MEADOWBARN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 MEADOWBARN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 MEADOWBARN CLOSE: Plot and Title Map

2 MEADOWBARN CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 MEADOWBARN 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 MEADOWBARN 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 MEADOWBARN CLOSE?

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