5, THE GABLES, COTTAM, PRESTON, PR4 0LG - £208,000

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

5 THE GABLES is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £208,000 in January 2018, which was around 10% below the average January 2018 detached price in the Preston local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

5 THE GABLES Sold Prices

Land registry data shows five sales for 5 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. All of the five 5 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 12 JAN	£208,000	£232,224	10% below HPI
2012 23 MAR	£166,000	£208,374	20% below HPI
2003 8 AUG	£127,000	£151,274	16% below HPI
2000 7 APR	£76,000	£91,597	17% below HPI
1997 29 AUG	£70,000	£85,566	18% below HPI

5 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 5 THE GABLES sales between August 1997 and January 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 March 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 THE GABLES?

5 THE GABLES is 79m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 5 THE GABLES lies on this distribution: 1% of detached houses are smaller than 5 THE GABLES, and 98% of houses are larger. Note that EPC data is not available for all properties in Cottam.

5 THE GABLES: Plot and Title Map

5 THE GABLES sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 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 5 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 5 THE GABLES?

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