CLEEVE COTTAGE, LANCASTER ROAD, PILLING, PRESTON, PR3 6AE - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CLEEVE COTTAGE is a very small detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £408,765. It was last sold for £270,000 in March 2014, which was around 32% above the average March 2014 detached price in the Wyre local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

CLEEVE COTTAGE Sold Prices

Land registry data shows three sales for CLEEVE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three CLEEVE COTTAGE 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
2014 18 MAR	£270,000	£204,802	32% above HPI
2010 28 JUL	£325,000	£221,051	47% above HPI
2008 7 FEB	£310,000	£237,182	31% above HPI

CLEEVE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three CLEEVE COTTAGE sales between February 2008 and March 2014 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 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2014 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might CLEEVE COTTAGE be worth now?

CLEEVE COTTAGE might now be worth an estimated £408,765.

This is based on house price inflation of 51.4%, between March 2014 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.4% inflationary increase is applied to the most recent sale price for CLEEVE COTTAGE of £270,000 on 18th March 2014. For the value to have increased from £270,000 to £408,765 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of CLEEVE COTTAGE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The March 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of CLEEVE COTTAGE has not materially changed since March 2014.

How Large is CLEEVE COTTAGE?

CLEEVE COTTAGE is 76m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses houses in Stake Pool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stake Pool, and where CLEEVE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than CLEEVE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stake Pool.

CLEEVE COTTAGE: Plot and Title Map

CLEEVE COTTAGE sits on a plot of roughly 0.672 of an acre, or 2,718m². The below map shows the location of CLEEVE COTTAGE, 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 CLEEVE COTTAGE). 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 CLEEVE COTTAGE?

CLEEVE COTTAGE is located on LANCASTER ROAD in PILLING, in the PR3 postcode district. The below map shows the position of CLEEVE COTTAGE on LANCASTER ROAD.