5, OUTGATE, COTTAM, PRESTON, PR4 0WN - £240,000

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 OUTGATE is a very large semi-detached house of 150m², built sometime between 2003 and 2006, which could now be worth an estimated £358,052. It was last sold for £240,000 in April 2009, which was around 85% above the average April 2009 semi-detached price in the Preston local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

5 OUTGATE Sold Prices

Land registry data shows two sales for 5 OUTGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two 5 OUTGATE 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
2009 14 APR	£240,000	£130,051	85% above HPI
2003 31 MAR	£185,000	£80,271	130% above HPI

5 OUTGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 5 OUTGATE sales from March 2003 and April 2009 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 March 2003 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the April 2009 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 5 OUTGATE be worth now?

5 OUTGATE might now be worth an estimated £358,052.

This is based on house price inflation of 49.2%, between April 2009 and February 2025, for semi-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 49.2% inflationary increase is applied to the most recent sale price for 5 OUTGATE of £240,000 on 14th April 2009. For the value to have increased from £240,000 to £358,052 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 5 OUTGATE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The April 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OUTGATE has not materially changed since April 2009.

How Large is 5 OUTGATE?

5 OUTGATE is 150m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of semi-detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cottam, and where 5 OUTGATE lies on this distribution: 86% of semi-detached houses houses are smaller than 5 OUTGATE, and 14% of houses are larger. Note that EPC data is not available for all properties in Cottam.

5 OUTGATE: Plot and Title Map

5 OUTGATE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 OUTGATE, 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 OUTGATE). 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 OUTGATE?

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