9, THE GABLES, COTTAM, PRESTON, PR4 0LG - £180,000

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

9 THE GABLES is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £180,000 in July 2016, which was around 20% below the average July 2016 detached price in the Preston local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

9 THE GABLES Sold Prices

Land registry data shows three sales for 9 THE GABLES 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. Two of the three 9 THE GABLES sales were for below the average price, whilst one 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
2016 15 JUL	£180,000	£224,218	20% below HPI
2007 26 JAN	£195,000	£222,264	12% below HPI
2002 18 DEC	£140,000	£128,115	9% above HPI

9 THE GABLES 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 9 THE GABLES sales between December 2002 and July 2016 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 January 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 THE GABLES?

9 THE GABLES is 81m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 9 THE GABLES lies on this distribution: 3% of detached houses are smaller than 9 THE GABLES, and 97% of houses are larger. Note that EPC data is not available for all properties in Cottam.

9 THE GABLES: Plot and Title Map

9 THE GABLES sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 9 THE GABLES, 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 9 THE GABLES). 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 9 THE GABLES?

9 THE GABLES is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 9 on THE GABLES.