50, MILLERSGATE, COTTAM, PRESTON, PR4 0AZ - £280,000

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

50 MILLERSGATE is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £280,000 in January 2022, which was around 6% above the average January 2022 detached price in the Preston local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

50 MILLERSGATE Sold Prices

Land registry data shows five sales for 50 MILLERSGATE 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 50 MILLERSGATE 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
2022 14 JAN	£280,000	£263,646	6% above HPI
2014 13 NOV	£223,500	£212,539	5% above HPI
2004 29 JUN	£190,000	£181,014	5% above HPI
1999 26 AUG	£77,000	£91,017	15% below HPI
1997 21 AUG	£73,000	£85,566	15% below HPI

50 MILLERSGATE 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 50 MILLERSGATE sales between August 1997 and January 2022 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 November 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 50 MILLERSGATE?

50 MILLERSGATE is 121m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 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 50 MILLERSGATE lies on this distribution: 57% of detached houses are smaller than 50 MILLERSGATE, and 41% of houses are larger. Note that EPC data is not available for all properties in Cottam.

50 MILLERSGATE: Plot and Title Map

50 MILLERSGATE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 50 MILLERSGATE, 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 50 MILLERSGATE). 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 50 MILLERSGATE?

50 MILLERSGATE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 50 on MILLERSGATE.