THE COTTAGE, THE FORSTAL, PRESTON, CANTERBURY, CT3 1DR - £250,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

THE COTTAGE is a very small extended detached house of 77m², built sometime before 1900. It was last sold for £250,000 in September 2012, which was around 9% below the average September 2012 detached price in the Dover local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 Dover local authority area for the corresponding sale date. All of the three THE 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
2012 10 SEP	£250,000	£273,550	9% below HPI
2005 20 MAY	£227,500	£249,357	9% below HPI
2004 12 FEB	£140,000	£225,132	38% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dover local authority area over time, sourced from the HPI. The three THE COTTAGE sales between February 2004 and September 2012 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 May 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2012 sale, which was also at 9% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 77m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where THE COTTAGE lies on this distribution: 6% of detached houses are smaller than THE COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Preston.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on THE FORSTAL in PRESTON, in the CT3 postcode district. The below map shows the position of THE COTTAGE on THE FORSTAL.