5, MEADOWBARN CLOSE, COTTAM, PRESTON, PR4 0AG - £260,000

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.

5 MEADOWBARN CLOSE is a large detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £285,816. It was last sold for £260,000 in February 2023, which was around 13% below the average February 2023 detached price in the Preston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

5 MEADOWBARN CLOSE Sold Prices

Land registry data shows two sales for 5 MEADOWBARN CLOSE 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 5 MEADOWBARN CLOSE 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
2023 3 FEB	£260,000	£298,889	13% below HPI
2013 4 APR	£190,000	£215,732	12% below HPI

5 MEADOWBARN CLOSE 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 5 MEADOWBARN CLOSE sales from April 2013 and February 2023 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 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 MEADOWBARN CLOSE be worth now?

5 MEADOWBARN CLOSE might now be worth an estimated £285,816.

This is based on house price inflation of 9.9%, between February 2023 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% inflationary increase is applied to the most recent sale price for 5 MEADOWBARN CLOSE of £260,000 on 3rd February 2023. For the value to have increased from £260,000 to £285,816 over the two years to February 2025, the following assumptions must hold true:

• The value of 5 MEADOWBARN CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The February 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOWBARN CLOSE has not materially changed since February 2023.

How Large is 5 MEADOWBARN CLOSE?

5 MEADOWBARN CLOSE is 123m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 5 MEADOWBARN CLOSE lies on this distribution: 62% of detached houses houses are smaller than 5 MEADOWBARN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Cottam.

5 MEADOWBARN CLOSE: Plot and Title Map

5 MEADOWBARN CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 MEADOWBARN CLOSE, 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 5 MEADOWBARN CLOSE). 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 5 MEADOWBARN CLOSE?

5 MEADOWBARN CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 5 on MEADOWBARN CLOSE.