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
7 BUDE CLOSE is a small detached house of 107m², built sometime between 1991 and 1995. It was last sold for £235,000 in July 2011, which was around 13% above the average July 2011 detached price in the Preston local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 7 BUDE CLOSE since 1st 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 BUDE CLOSE 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 |
---|---|---|---|
2011 1 JUL | £235,000 | £208,087 | 13% above HPI |
2002 22 JUL | £159,000 | £119,920 | 33% above HPI |
1998 3 JUL | £98,000 | £85,438 | 15% above HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 7 BUDE CLOSE sales between July 1998 and July 2011 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 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2011 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
7 BUDE CLOSE is 107m² according to the EPC inspection conducted in February 2011. 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 7 BUDE CLOSE lies on this distribution: 34% of detached houses are smaller than 7 BUDE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cottam.
7 BUDE CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 BUDE CLOSE, 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 BUDE CLOSE). 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.
7 BUDE CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 7 on BUDE CLOSE.