54, MINSTER PARK, COTTAM, PRESTON, PR4 0BY - £182,500

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

54 MINSTER PARK is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £182,500 in August 2017, which was around 19% below the average August 2017 detached price in the Preston local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

54 MINSTER PARK Sold Prices

Land registry data shows three sales for 54 MINSTER PARK 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. All of the three 54 MINSTER PARK 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
2017 25 AUG	£182,500	£225,136	19% below HPI
2007 19 NOV	£180,000	£242,497	26% below HPI
1996 20 DEC	£45,098	£82,530	45% below HPI

54 MINSTER PARK 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 MINSTER PARK sales between December 1996 and August 2017 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 54 MINSTER PARK?

54 MINSTER PARK is 101m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 MINSTER PARK lies on this distribution: 26% of detached houses are smaller than 54 MINSTER PARK, and 74% of houses are larger. Note that EPC data is not available for all properties in Cottam.

54 MINSTER PARK: Plot and Title Map

54 MINSTER PARK sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 54 MINSTER PARK, 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 MINSTER PARK). 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 MINSTER PARK?

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