7, OUTGATE, COTTAM, PRESTON, PR4 0WN - £202,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 OUTGATE is a very large extended semi-detached house of 140m², built sometime between 2003 and 2006. It was last sold for £202,000 in August 2013, which was around 5% below the average August 2013 detached price in the Preston local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

7 OUTGATE Sold Prices

Land registry data shows two sales for 7 OUTGATE 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. One of the two 7 OUTGATE sales was for below the average price, whilst the other was 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
2013 30 AUG	£202,000	£211,699	5% below HPI
2003 27 MAY	£180,000	£136,232	32% above HPI

7 OUTGATE 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 7 OUTGATE sales from May 2003 and August 2013 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 May 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 OUTGATE?

7 OUTGATE is 140m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 OUTGATE lies on this distribution: 81% of detached houses are smaller than 7 OUTGATE, and 18% of houses are larger. Note that EPC data is not available for all properties in Cottam.

7 OUTGATE: Plot and Title Map

7 OUTGATE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 OUTGATE, 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 OUTGATE). 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 OUTGATE?

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