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
WILLOW TREE COTTAGE is a large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £370,000 in May 2023, which was around 32% above the average May 2023 detached price in the Wyre local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for WILLOW TREE COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three WILLOW 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 |
---|---|---|---|
2023 11 MAY | £370,000 | £280,687 | 32% above HPI |
2006 22 SEP | £309,500 | £221,627 | 40% above HPI |
1996 28 MAR | £120,000 | £78,909 | 52% above HPI |
The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three WILLOW TREE COTTAGE sales between March 1996 and May 2023 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 September 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2023 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.
WILLOW TREE COTTAGE is 183m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where WILLOW TREE COTTAGE lies on this distribution: 78% of detached houses are smaller than WILLOW TREE COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Preesall.
WILLOW TREE COTTAGE sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of WILLOW 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 WILLOW 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.
WILLOW TREE COTTAGE is located on ROSSLYN AVENUE in PREESALL, in the FY6 postcode district. The below map shows the position of WILLOW TREE COTTAGE on ROSSLYN AVENUE.