38, MINSTER PARK, COTTAM, PRESTON, PR4 0BY - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MINSTER PARK is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £275,000 in January 2016, which was around 24% above the average January 2016 detached price in the Preston local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

38 MINSTER PARK Sold Prices

Land registry data shows two sales for 38 MINSTER PARK 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 38 MINSTER PARK 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 15 JAN	£275,000	£221,754	24% above HPI
1996 14 NOV	£111,350	£82,053	36% above HPI

38 MINSTER PARK 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 38 MINSTER PARK sales from November 1996 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 November 1996 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 38 MINSTER PARK?

38 MINSTER PARK is 127m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 38 MINSTER PARK lies on this distribution: 68% of detached houses are smaller than 38 MINSTER PARK, and 31% of houses are larger. Note that EPC data is not available for all properties in Cottam.

38 MINSTER PARK: Plot and Title Map

38 MINSTER PARK sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 38 MINSTER PARK, 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 38 MINSTER PARK). 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 38 MINSTER PARK?

38 MINSTER PARK is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 38 on MINSTER PARK.