2, PARK COTTAGES, PARK LANE, PRESTON, CANTERBURY, CT3 1DS - £300,000

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 PARK COTTAGES is a very small semi-detached house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £291,211. It was last sold for £300,000 in September 2023, which was around 7% below the average September 2023 semi-detached price in the Dover local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was A.

2 PARK COTTAGES Sold Prices

Land registry data shows four sales for 2 PARK COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Dover local authority area for the corresponding sale date. Most of the four 2 PARK COTTAGES 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 8 SEP	£300,000	£322,962	7% below HPI
2005 7 JUL	£177,000	£161,390	10% above HPI
2000 1 DEC	£88,000	£84,258	4% above HPI
1995 30 JUN	£60,000	£53,792	12% above HPI

2 PARK COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dover local authority area over time, sourced from the HPI. The four 2 PARK COTTAGES sales between June 1995 and September 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 July 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 PARK COTTAGES be worth now?

2 PARK COTTAGES might now be worth an estimated £291,211.

This is based on house price deflation of 2.9%, between September 2023 and February 2025, for semi-detached houses, in the Dover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% deflationary decrease is applied to the most recent sale price for 2 PARK COTTAGES of £300,000 on 8th September 2023. For the value to have decreased from £300,000 to £291,211 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PARK COTTAGES has moved in line with the HPI for semi-detached houses in the Dover local authority area.
• The September 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK COTTAGES has not materially changed since September 2023.

How Large is 2 PARK COTTAGES?

2 PARK COTTAGES is 67m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 2 PARK COTTAGES lies on this distribution: 2% of semi-detached houses houses are smaller than 2 PARK COTTAGES, and 98% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 PARK COTTAGES: Plot and Title Map

2 PARK COTTAGES sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 PARK COTTAGES, 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 PARK COTTAGES). 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 PARK COTTAGES?

2 PARK COTTAGES is located on PARK LANE in PRESTON, in the CT3 postcode district. The below map shows the position of 2 PARK COTTAGES on PARK LANE.