PEAR TREE COTTAGE, STATION LANE, SCORTON, PRESTON, PR3 1AP - £306,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PEAR TREE COTTAGE is a midsized semi-detached house of 164m², built sometime before 1900, which could now be worth an estimated £414,382. It was last sold for £306,250 in September 2011, which was around 129% above the average September 2011 semi-detached price in the Wyre local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. Both of the two PEAR TREE 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
2011 9 SEP	£306,250	£133,761	129% above HPI
2001 16 MAR	£169,950	£59,926	184% above HPI

PEAR TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The two PEAR TREE COTTAGE sales from March 2001 and September 2011 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 2001 sale was for 184% above the HPI. So the extrapolation line tracks at 184% above the HPI over time, until the September 2011 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £414,382.

This is based on house price inflation of 35.3%, between September 2011 and December 2024, for semi-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 35.3% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £306,250 on 9th September 2011. For the value to have increased from £306,250 to £414,382 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The September 2011 sale price of £306,250 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since September 2011.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 164m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of semi-detached houses houses in Scorton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scorton, and where PEAR TREE COTTAGE lies on this distribution: 56% of semi-detached houses houses are smaller than PEAR TREE COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Scorton.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on STATION LANE in SCORTON, in the PR3 postcode district. The below map shows the position of PEAR TREE COTTAGE on STATION LANE.