8, OTTERS CLOSE, RIBBLETON, PRESTON, PR2 6NG - £133,500

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

8 OTTERS CLOSE is a midsized detached house of 103m², built sometime between 1976 and 1982. It was last sold for £133,500 in June 2013, which was around 36% below the average June 2013 detached price in the Preston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 OTTERS CLOSE Sold Prices

Land registry data shows three sales for 8 OTTERS 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 8 OTTERS 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
2013 14 JUN	£133,500	£207,924	36% below HPI
2003 19 AUG	£120,000	£151,274	21% below HPI
2000 28 JAN	£71,000	£93,374	24% below HPI

8 OTTERS 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 8 OTTERS CLOSE sales between January 2000 and June 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 August 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 OTTERS CLOSE?

8 OTTERS CLOSE is 103m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 8 OTTERS CLOSE lies on this distribution: 47% of detached houses are smaller than 8 OTTERS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Preston.

8 OTTERS CLOSE: Plot and Title Map

8 OTTERS CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 OTTERS 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 8 OTTERS 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 8 OTTERS CLOSE?

8 OTTERS CLOSE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 8 on OTTERS CLOSE.