4, PARK COTTAGES, PARK LANE, PRESTON, CANTERBURY, CT3 1DS - £305,000

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.

4 PARK COTTAGES is a very small extended terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £317,624. It was last sold for £305,000 in April 2021, which was around 35% above the average April 2021 terraced price in the Dover local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

4 PARK COTTAGES Sold Prices

Land registry data shows three sales for 4 PARK COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dover local authority area for the corresponding sale date. All of the three 4 PARK COTTAGES 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
2021 8 APR	£305,000	£226,351	35% above HPI
2014 4 DEC	£220,000	£159,342	38% above HPI
2007 9 FEB	£187,000	£142,864	31% above HPI

4 PARK COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dover local authority area over time, sourced from the HPI. The three 4 PARK COTTAGES sales between February 2007 and April 2021 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 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 PARK COTTAGES be worth now?

4 PARK COTTAGES might now be worth an estimated £317,624.

This is based on house price inflation of 4.1%, between April 2021 and June 2025, for terraced houses, in the Dover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 4 PARK COTTAGES of £305,000 on 8th April 2021. For the value to have increased from £305,000 to £317,624 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 4 PARK COTTAGES has moved in line with the HPI for terraced houses in the Dover local authority area.
• The April 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK COTTAGES has not materially changed since April 2021.

How Large is 4 PARK COTTAGES?

4 PARK COTTAGES is 81m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of terraced houses houses in Preston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Preston, and where 4 PARK COTTAGES lies on this distribution: 7% of terraced houses houses are smaller than 4 PARK COTTAGES, and 93% of houses are larger. Note that EPC data is not available for all properties in Preston.

4 PARK COTTAGES: Plot and Title Map

4 PARK COTTAGES sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 4 PARK COTTAGES, 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 4 PARK COTTAGES). 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 4 PARK COTTAGES?

4 PARK COTTAGES is located on PARK LANE in PRESTON, in the CT3 postcode district. The below map shows the position of 4 PARK COTTAGES on PARK LANE.