BRIDGE HOUSE, LEA ROAD, LEA TOWN, PRESTON, PR4 0RA - £425,000

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

BRIDGE HOUSE is a very large extended detached house of 293m², built sometime before 1900. It was last sold for £425,000 in October 2015, which was around 89% above the average October 2015 detached price in the Preston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

BRIDGE HOUSE Sold Prices

Land registry data shows two sales for BRIDGE HOUSE 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. Both of the two BRIDGE HOUSE 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
2015 23 OCT	£425,000	£224,477	89% above HPI
2009 31 JUL	£525,000	£207,973	152% above HPI

BRIDGE HOUSE 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 BRIDGE HOUSE sales from July 2009 and October 2015 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 July 2009 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the October 2015 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is BRIDGE HOUSE?

BRIDGE HOUSE is 293m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 BRIDGE HOUSE lies on this distribution: More than 99% of detached houses are smaller than BRIDGE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cottam.

BRIDGE HOUSE: Plot and Title Map

BRIDGE HOUSE sits on a plot of roughly 0.373 of an acre, or 1,509m². The below map shows the location of BRIDGE HOUSE, 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 BRIDGE HOUSE). 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 BRIDGE HOUSE?

BRIDGE HOUSE is located on LEA ROAD in LEA TOWN, in the PR4 postcode district. The below map shows the position of BRIDGE HOUSE on LEA ROAD.