3, KAYS COTTAGE, HOLLINS LANE, FORTON, PRESTON, PR3 0AB - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 KAYS COTTAGE is a very small extended detached house of 82m², built sometime before 1900. It was last sold for £315,000 in November 2022, which was around 8% above the average November 2022 detached price in the Wyre local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

3 KAYS COTTAGE Sold Prices

Land registry data shows two sales for 3 KAYS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 3 KAYS COTTAGE 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
2022 18 NOV	£315,000	£291,754	8% above HPI
2006 31 AUG	£250,000	£220,577	13% above HPI

3 KAYS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 3 KAYS COTTAGE sales from August 2006 and November 2022 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 August 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 KAYS COTTAGE?

3 KAYS COTTAGE is 82m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where 3 KAYS COTTAGE lies on this distribution: 5% of detached houses are smaller than 3 KAYS COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Forton.

3 KAYS COTTAGE: Plot and Title Map

3 KAYS COTTAGE sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of 3 KAYS COTTAGE, 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 KAYS COTTAGE). 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 KAYS COTTAGE?

3 KAYS COTTAGE is located on HOLLINS LANE in FORTON, in the PR3 postcode district. The below map shows the position of 3 KAYS COTTAGE on HOLLINS LANE.