7, ARMASIDE ROAD, COTTAM, PRESTON, PR4 0WH - £420,000

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.

7 ARMASIDE ROAD is a very large detached house of 165m², built sometime between 1996 and 2002, which could now be worth an estimated £547,673. It was last sold for £420,000 in August 2019, which was around 67% above the average August 2019 detached price in the Preston local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

7 ARMASIDE ROAD Sold Prices

Land registry data shows three sales for 7 ARMASIDE ROAD 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 7 ARMASIDE ROAD 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
2019 2 AUG	£420,000	£251,971	67% above HPI
2010 30 SEP	£355,000	£231,426	53% above HPI
2001 29 NOV	£189,995	£116,479	63% above HPI

7 ARMASIDE ROAD 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 7 ARMASIDE ROAD sales between November 2001 and August 2019 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 September 2010 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 7 ARMASIDE ROAD be worth now?

7 ARMASIDE ROAD might now be worth an estimated £547,673.

This is based on house price inflation of 30.4%, between August 2019 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 30.4% inflationary increase is applied to the most recent sale price for 7 ARMASIDE ROAD of £420,000 on 2nd August 2019. For the value to have increased from £420,000 to £547,673 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 7 ARMASIDE ROAD has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ARMASIDE ROAD has not materially changed since August 2019.

How Large is 7 ARMASIDE ROAD?

7 ARMASIDE ROAD is 165m² according to the EPC inspection conducted in April 2019. This puts it in the largest 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 7 ARMASIDE ROAD lies on this distribution: 92% of detached houses houses are smaller than 7 ARMASIDE ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Cottam.

7 ARMASIDE ROAD: Plot and Title Map

7 ARMASIDE ROAD sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 7 ARMASIDE ROAD, 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 7 ARMASIDE ROAD). 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 7 ARMASIDE ROAD?

7 ARMASIDE ROAD is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 7 on ARMASIDE ROAD.