3, BUDE CLOSE, COTTAM, PRESTON, PR4 0LU - £281,550

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.

3 BUDE CLOSE is a midsized extended detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £391,410. It was last sold for £281,550 in January 2016, which was around 19% above the average January 2016 detached price in the Preston local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

3 BUDE CLOSE Sold Prices

Land registry data shows four sales for 3 BUDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 3 BUDE CLOSE 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
2016 22 JAN	£281,550	£236,345	19% above HPI
2005 13 MAY	£249,995	£215,392	16% above HPI
2000 15 MAY	£118,000	£100,317	18% above HPI
1997 19 DEC	£110,000	£92,107	19% above HPI

3 BUDE 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 four 3 BUDE CLOSE sales between December 1997 and January 2016 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 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 BUDE CLOSE be worth now?

3 BUDE CLOSE might now be worth an estimated £391,410.

This is based on house price inflation of 39%, between January 2016 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 39% inflationary increase is applied to the most recent sale price for 3 BUDE CLOSE of £281,550 on 22nd January 2016. For the value to have increased from £281,550 to £391,410 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 BUDE CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The January 2016 sale price of £281,550 represented a fair market value for the property.
• The size, condition, and specification of 3 BUDE CLOSE has not materially changed since January 2016.

How Large is 3 BUDE CLOSE?

3 BUDE CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 3 BUDE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 3 BUDE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Cottam.

3 BUDE CLOSE: Plot and Title Map

3 BUDE CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 BUDE 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 3 BUDE 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 3 BUDE CLOSE?

3 BUDE CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 3 on BUDE CLOSE.