2, ROSEWOOD, COTTAM, PRESTON, PR4 0NN - £320,000

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 ROSEWOOD is a large extended detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £409,495. It was last sold for £320,000 in December 2020, which was around 25% above the average December 2020 detached price in the Preston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 ROSEWOOD Sold Prices

Land registry data shows two sales for 2 ROSEWOOD 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 ROSEWOOD 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	£320,000	£256,758	25% above HPI
2010 11 OCT	£250,000	£226,966	10% above HPI

2 ROSEWOOD 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 ROSEWOOD sales from October 2010 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 October 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 ROSEWOOD be worth now?

2 ROSEWOOD might now be worth an estimated £409,495.

This is based on house price inflation of 28%, between December 2020 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 28% inflationary increase is applied to the most recent sale price for 2 ROSEWOOD of £320,000 on 18th December 2020. For the value to have increased from £320,000 to £409,495 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ROSEWOOD has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSEWOOD has not materially changed since December 2020.

How Large is 2 ROSEWOOD?

2 ROSEWOOD is 133m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 ROSEWOOD lies on this distribution: 74% of detached houses houses are smaller than 2 ROSEWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 ROSEWOOD: Plot and Title Map

2 ROSEWOOD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ROSEWOOD, 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 ROSEWOOD). 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 ROSEWOOD?

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