1, OTTERS CLOSE, RIBBLETON, PRESTON, PR2 6NG - £143,000

1 OTTERS CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £143,000 in December 2006, which was around 36% below the average December 2006 detached price in the Preston local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

1 OTTERS CLOSE Sold Prices

Land registry data shows two sales for 1 OTTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 1 OTTERS CLOSE 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
2006 18 DEC	£143,000	£223,576	36% below HPI
2001 31 OCT	£60,000	£109,106	45% below HPI

1 OTTERS CLOSE 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 two 1 OTTERS CLOSE sales from October 2001 and December 2006 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 October 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2006 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 OTTERS CLOSE?

1 OTTERS CLOSE is 79m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 1 OTTERS CLOSE lies on this distribution: 20% of detached houses are smaller than 1 OTTERS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 OTTERS CLOSE: Plot and Title Map

1 OTTERS CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 OTTERS CLOSE, 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 1 OTTERS CLOSE). 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 1 OTTERS CLOSE?

1 OTTERS CLOSE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 1 on OTTERS CLOSE.