55, THE GABLES, COTTAM, PRESTON, PR4 0LG - £315,000

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

55 THE GABLES is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £315,000 in April 2021, which was around 26% above the average April 2021 detached price in the Preston local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

55 THE GABLES Sold Prices

Land registry data shows two sales for 55 THE GABLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 55 THE GABLES 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
2021 14 APR	£315,000	£249,074	26% above HPI
2006 31 JAN	£275,000	£210,201	31% above HPI

55 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 two 55 THE GABLES sales from January 2006 and April 2021 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 January 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 55 THE GABLES?

55 THE GABLES is 115m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 55 THE GABLES lies on this distribution: 46% of detached houses are smaller than 55 THE GABLES, and 52% of houses are larger. Note that EPC data is not available for all properties in Cottam.

55 THE GABLES: Plot and Title Map

55 THE GABLES sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 55 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 55 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 55 THE GABLES?

55 THE GABLES is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 55 on THE GABLES.