7, THE GRANGE, COTTAM, PRESTON, PR4 0LR - £335,000

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 THE GRANGE is a large detached house of 127m², built sometime between 1996 and 2002. It was last sold for £335,000 in June 2022, which was around 25% above the average June 2022 detached price in the Preston local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

7 THE GRANGE Sold Prices

Land registry data shows five sales for 7 THE GRANGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Most of the five 7 THE GRANGE 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
2022 6 JUN	£335,000	£268,771	25% above HPI
2012 9 NOV	£285,000	£206,320	38% above HPI
2000 29 SEP	£153,000	£96,822	58% above HPI
2000 9 FEB	£15,000	£92,446	84% below HPI
1997 17 OCT	£130,000	£84,533	54% above HPI

7 THE GRANGE 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 five 7 THE GRANGE sales between October 1997 and June 2022 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 November 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 THE GRANGE?

7 THE GRANGE is 127m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 THE GRANGE lies on this distribution: 68% of detached houses are smaller than 7 THE GRANGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cottam.

7 THE GRANGE: Plot and Title Map

7 THE GRANGE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 7 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

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