6, THE EVERGREENS, COTTAM, PRESTON, PR4 0LQ - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THE EVERGREENS is a very small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £291,125. It was last sold for £227,500 in December 2020, which was around 11% below the average December 2020 detached price in the Preston local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

6 THE EVERGREENS Sold Prices

Land registry data shows four sales for 6 THE EVERGREENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 6 THE EVERGREENS 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
2020 17 DEC	£227,500	£256,758	11% below HPI
2015 19 JUN	£214,000	£230,176	7% below HPI
2012 4 MAY	£169,000	£223,306	24% below HPI
1995 17 AUG	£73,500	£84,873	13% below HPI

6 THE EVERGREENS 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 four 6 THE EVERGREENS sales between August 1995 and December 2020 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 June 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 THE EVERGREENS be worth now?

6 THE EVERGREENS might now be worth an estimated £291,125.

This is based on house price inflation of 28%, between December 2020 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 6 THE EVERGREENS of £227,500 on 17th December 2020. For the value to have increased from £227,500 to £291,125 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 THE EVERGREENS has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE EVERGREENS has not materially changed since December 2020.

How Large is 6 THE EVERGREENS?

6 THE EVERGREENS is 88m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 6 THE EVERGREENS lies on this distribution: 8% of detached houses houses are smaller than 6 THE EVERGREENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Cottam.

6 THE EVERGREENS: Plot and Title Map

6 THE EVERGREENS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 6 THE EVERGREENS, 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 6 THE EVERGREENS). 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 6 THE EVERGREENS?

6 THE EVERGREENS is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 6 on THE EVERGREENS.