SWISS COTTAGE, COOTE LANE, LOSTOCK HALL, PRESTON, PR5 5JE - £245,000

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

SWISS COTTAGE is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £245,000 in March 2021, which was around 5% below the average March 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

SWISS COTTAGE Sold Prices

Land registry data shows two sales for SWISS 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 South Ribble local authority area for the corresponding sale date. Both of the two SWISS COTTAGE sales were for below 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 MAR	£245,000	£257,697	5% below HPI
2005 31 MAR	£171,000	£203,926	16% below HPI

SWISS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two SWISS COTTAGE sales from March 2005 and March 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might SWISS COTTAGE be worth now?

SWISS COTTAGE might now be worth an estimated £307,790.

This is based on house price inflation of 25.6%, between March 2021 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.6% inflationary increase is applied to the most recent sale price for SWISS COTTAGE of £245,000 on 4th March 2021. For the value to have increased from £245,000 to £307,790 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of SWISS COTTAGE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The March 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of SWISS COTTAGE has not materially changed since March 2021.

How Large is SWISS COTTAGE?

SWISS COTTAGE is 125m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where SWISS COTTAGE lies on this distribution: 77% of detached houses houses are smaller than SWISS COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

SWISS COTTAGE: Plot and Title Map

SWISS COTTAGE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of SWISS 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 SWISS 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 SWISS COTTAGE?

SWISS COTTAGE is located on COOTE LANE in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of SWISS COTTAGE on COOTE LANE.