7, MEADOWBARN CLOSE, COTTAM, PRESTON, PR4 0AG - £205,000

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

7 MEADOWBARN CLOSE is a very small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £205,000 in February 2019, which was around 11% below the average February 2019 detached price in the Preston local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

7 MEADOWBARN CLOSE Sold Prices

Land registry data shows three sales for 7 MEADOWBARN CLOSE 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 MEADOWBARN CLOSE 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
2019 15 FEB	£205,000	£229,607	11% below HPI
2008 20 JUN	£220,000	£230,417	5% below HPI
2006 10 MAR	£199,950	£210,704	5% below HPI

7 MEADOWBARN CLOSE 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 MEADOWBARN CLOSE sales between March 2006 and February 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 June 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 MEADOWBARN CLOSE?

7 MEADOWBARN CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 MEADOWBARN CLOSE lies on this distribution: 15% of detached houses are smaller than 7 MEADOWBARN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cottam.

7 MEADOWBARN CLOSE: Plot and Title Map

7 MEADOWBARN CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 MEADOWBARN 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 MEADOWBARN 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.

Where is 7 MEADOWBARN CLOSE?

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