CEDARWOOD, GOOSNARGH LANE, GOOSNARGH, PRESTON, PR3 2BN - £645,000

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

CEDARWOOD is a very large detached house of 301m², built sometime from 2007 onwards. It was last sold for £645,000 in July 2017, which was around 191% above the average July 2017 detached price in the Preston local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

CEDARWOOD Sold Prices

Land registry data shows two sales for CEDARWOOD 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 CEDARWOOD 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
2017 19 JUL	£645,000	£221,817	191% above HPI
2010 26 MAY	£583,220	£216,206	170% above HPI

CEDARWOOD 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 CEDARWOOD sales from May 2010 and July 2017 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 2010 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the July 2017 sale, where it rises to 191% above the HPI. The line then continues to track at 191% above the HPI.

How Large is CEDARWOOD?

CEDARWOOD is 301m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Goosnargh, based on EPC data. The below chart shows the distribution of detached houses by size in Goosnargh, and where CEDARWOOD lies on this distribution: 97% of detached houses are smaller than CEDARWOOD, and 3% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

CEDARWOOD: Plot and Title Map

CEDARWOOD sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of CEDARWOOD, 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 CEDARWOOD). 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 CEDARWOOD?

CEDARWOOD is located on GOOSNARGH LANE in GOOSNARGH, in the PR3 postcode district. The below map shows the position of CEDARWOOD on GOOSNARGH LANE.