1, SPIRES GROVE, COTTAM, PRESTON, PR4 0BZ - £208,000

1 SPIRES GROVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £208,000 in September 2019, which was around 13% below the average September 2019 detached price in the Preston local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

1 SPIRES GROVE Sold Prices

Land registry data shows six sales for 1 SPIRES GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Most of the six 1 SPIRES GROVE 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
2019 6 SEP	£208,000	£239,324	13% below HPI
2019 24 JUN	£230,000	£224,709	2% above HPI
2014 29 MAY	£185,000	£205,718	10% below HPI
2013 24 JUL	£175,000	£209,856	17% below HPI
2001 16 NOV	£95,000	£109,288	13% below HPI
1997 30 OCT	£74,000	£84,533	12% below HPI

1 SPIRES GROVE 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 six 1 SPIRES GROVE sales between October 1997 and September 2019 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 June 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 SPIRES GROVE?

1 SPIRES GROVE is 78m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 1 SPIRES GROVE lies on this distribution: 1% of detached houses are smaller than 1 SPIRES GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cottam.

1 SPIRES GROVE: Plot and Title Map

1 SPIRES GROVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 SPIRES GROVE, 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 SPIRES GROVE). 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 SPIRES GROVE?

1 SPIRES GROVE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 1 on SPIRES GROVE.