HOLLY COTTAGE, HOLLINS LANE, FORTON, PRESTON, PR3 0AA - £320,000

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

HOLLY COTTAGE is a small extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £320,000 in June 2021, which was around 27% above the average June 2021 detached price in the Wyre local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows three sales for HOLLY 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 HOLLY 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
2021 4 JUN	£320,000	£251,463	27% above HPI
2015 24 MAR	£247,000	£208,694	18% above HPI
2004 4 AUG	£245,000	£190,790	28% above HPI

HOLLY 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 HOLLY COTTAGE sales between August 2004 and June 2021 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 March 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where HOLLY COTTAGE lies on this distribution: 22% of detached houses are smaller than HOLLY COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Forton.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on HOLLINS LANE in FORTON, in the PR3 postcode district. The below map shows the position of HOLLY COTTAGE on HOLLINS LANE.