48, THE GABLES, COTTAM, PRESTON, PR4 0LG - £243,500

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

48 THE GABLES is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £243,500 in April 2018, which was around 8% above the average April 2018 detached price in the Preston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was A.

48 THE GABLES Sold Prices

Land registry data shows five sales for 48 THE GABLES 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. Most of the five 48 THE GABLES sales were for below 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
2018 27 APR	£243,500	£225,964	8% above HPI
2011 28 APR	£192,000	£212,518	10% below HPI
2007 26 JUN	£225,000	£234,642	4% below HPI
2003 31 MAR	£148,000	£134,855	10% above HPI
1997 28 JUL	£71,000	£84,134	16% below HPI

48 THE GABLES 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 48 THE GABLES sales between July 1997 and April 2018 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 April 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 48 THE GABLES?

48 THE GABLES is 111m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 48 THE GABLES lies on this distribution: 41% of detached houses are smaller than 48 THE GABLES, and 56% of houses are larger. Note that EPC data is not available for all properties in Cottam.

48 THE GABLES: Plot and Title Map

48 THE GABLES sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 48 THE GABLES, 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 48 THE GABLES). 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 48 THE GABLES?

48 THE GABLES is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 48 on THE GABLES.