3, THE GRANGE, COTTAM, PRESTON, PR4 0LR - £307,000

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 THE GRANGE is a very large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £307,000 in December 2016, which was around 37% above the average December 2016 detached price in the Preston local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

3 THE GRANGE Sold Prices

Land registry data shows five sales for 3 THE GRANGE 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 THE GRANGE 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 9 DEC	£307,000	£224,712	37% above HPI
2007 31 AUG	£370,000	£241,873	53% above HPI
2004 7 JUL	£290,000	£182,857	59% above HPI
2002 12 DEC	£198,500	£128,115	55% above HPI
1998 27 FEB	£135,950	£86,168	58% above HPI

3 THE GRANGE 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 THE GRANGE sales between February 1998 and December 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 August 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 THE GRANGE?

3 THE GRANGE is 153m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 3 THE GRANGE lies on this distribution: 87% of detached houses are smaller than 3 THE GRANGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Cottam.

3 THE GRANGE: Plot and Title Map

3 THE GRANGE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

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