THE BEECHES, SIDGREAVES LANE, LEA TOWN, PRESTON, PR4 0RD - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE BEECHES is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £325,000 in November 2014, which was around 53% above the average November 2014 detached price in the Preston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

THE BEECHES Sold Prices

Land registry data shows four sales for THE BEECHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four THE BEECHES 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 28 NOV	£325,000	£212,539	53% above HPI
1999 3 NOV	£165,500	£92,356	79% above HPI
1998 19 JUN	£155,000	£85,543	81% above HPI
1996 12 JUL	£110,000	£80,580	37% above HPI

THE BEECHES 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 four THE BEECHES sales between July 1996 and November 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 November 1999 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the November 2014 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 139m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where THE BEECHES lies on this distribution: 79% of detached houses are smaller than THE BEECHES, and 19% of houses are larger. Note that EPC data is not available for all properties in Cottam.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on SIDGREAVES LANE in LEA TOWN, in the PR4 postcode district. The below map shows the position of THE BEECHES on SIDGREAVES LANE.