3, ALDER COPPICE, LEA, PRESTON, PR2 1YG - £161,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ALDER COPPICE is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £232,926. It was last sold for £161,500 in January 2014, which was around 28% below the average January 2014 detached price in the Preston local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 ALDER COPPICE Sold Prices

Land registry data shows five sales for 3 ALDER COPPICE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 3 ALDER COPPICE 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
2014 10 JAN	£161,500	£225,605	28% below HPI
2007 11 DEC	£177,000	£264,540	33% below HPI
2004 29 APR	£143,000	£176,164	19% below HPI
2002 8 MAR	£81,000	£114,957	30% below HPI
1995 14 JUL	£67,000	£83,746	20% below HPI

3 ALDER COPPICE 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 five 3 ALDER COPPICE sales between July 1995 and January 2014 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 December 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 ALDER COPPICE be worth now?

3 ALDER COPPICE might now be worth an estimated £232,926.

This is based on house price inflation of 44.2%, between January 2014 and December 2024, 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 44.2% inflationary increase is applied to the most recent sale price for 3 ALDER COPPICE of £161,500 on 10th January 2014. For the value to have increased from £161,500 to £232,926 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 3 ALDER COPPICE has moved in line with the HPI for detached houses in the Preston local authority area.
• The January 2014 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ALDER COPPICE has not materially changed since January 2014.

How Large is 3 ALDER COPPICE?

3 ALDER COPPICE is 67m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 3 ALDER COPPICE lies on this distribution: 5% of detached houses houses are smaller than 3 ALDER COPPICE, and 94% of houses are larger. Note that EPC data is not available for all properties in Preston.

3 ALDER COPPICE: Plot and Title Map

3 ALDER COPPICE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 ALDER COPPICE, 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 3 ALDER COPPICE). 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 3 ALDER COPPICE?

3 ALDER COPPICE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 3 on ALDER COPPICE.