54, MILLERSGATE, COTTAM, PRESTON, PR4 0AZ - £245,000

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

54 MILLERSGATE is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £245,000 in March 2022, which was around 8% below the average March 2022 detached price in the Preston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

54 MILLERSGATE Sold Prices

Land registry data shows three sales for 54 MILLERSGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. One of the three 54 MILLERSGATE sales was for below the average price, whilst two 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 11 MAR	£245,000	£266,436	8% below HPI
1997 11 JUL	£96,500	£84,134	15% above HPI
1995 21 APR	£91,950	£81,493	13% above HPI

54 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 three 54 MILLERSGATE sales between April 1995 and March 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 July 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 54 MILLERSGATE?

54 MILLERSGATE is 106m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 54 MILLERSGATE lies on this distribution: 33% of detached houses are smaller than 54 MILLERSGATE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cottam.

54 MILLERSGATE: Plot and Title Map

54 MILLERSGATE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 54 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 54 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 54 MILLERSGATE?

54 MILLERSGATE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 54 on MILLERSGATE.