LEYLAND BRIDGE COTTAGE, LEA ROAD, LEA TOWN, PRESTON, PR4 0RA - £250,000

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.

LEYLAND BRIDGE COTTAGE is a midsized extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £345,548. It was last sold for £250,000 in November 2016, which was around 5% above the average November 2016 detached price in the Preston local authority area. The most recent EPC inspection was March 2022, where the current energy rating was G, and the potential energy rating was A.

LEYLAND BRIDGE COTTAGE Sold Prices

Land registry data shows two sales for LEYLAND BRIDGE COTTAGE 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 LEYLAND BRIDGE 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
2016 24 NOV	£250,000	£237,714	5% above HPI
2003 16 JAN	£170,000	£138,845	22% above HPI

LEYLAND BRIDGE COTTAGE 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 LEYLAND BRIDGE COTTAGE sales from January 2003 and November 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 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might LEYLAND BRIDGE COTTAGE be worth now?

LEYLAND BRIDGE COTTAGE might now be worth an estimated £345,548.

This is based on house price inflation of 38.2%, between November 2016 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for LEYLAND BRIDGE COTTAGE of £250,000 on 24th November 2016. For the value to have increased from £250,000 to £345,548 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of LEYLAND BRIDGE COTTAGE has moved in line with the HPI for detached houses in the Preston local authority area.
• The November 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of LEYLAND BRIDGE COTTAGE has not materially changed since November 2016.

How Large is LEYLAND BRIDGE COTTAGE?

LEYLAND BRIDGE COTTAGE is 118m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where LEYLAND BRIDGE COTTAGE lies on this distribution: 55% of detached houses houses are smaller than LEYLAND BRIDGE COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Cottam.

LEYLAND BRIDGE COTTAGE: Plot and Title Map

LEYLAND BRIDGE COTTAGE sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of LEYLAND BRIDGE 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 LEYLAND BRIDGE 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 LEYLAND BRIDGE COTTAGE?

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