2, FLOWERFIELD, COTTAM, PRESTON, PR4 0BG - £286,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FLOWERFIELD is a midsized extended detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £333,930. It was last sold for £286,000 in April 2022, which was about the average April 2022 detached price in the Preston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 FLOWERFIELD Sold Prices

Land registry data shows two sales for 2 FLOWERFIELD 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. One of the two 2 FLOWERFIELD sales was roughly equal to the average price, whilst the other was 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
2022 20 APR	£286,000	£284,845	Close to HPI
1995 17 MAR	£88,000	£85,486	3% above HPI

2 FLOWERFIELD 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 2 FLOWERFIELD sales from March 1995 and April 2022 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 March 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 FLOWERFIELD be worth now?

2 FLOWERFIELD might now be worth an estimated £333,930.

This is based on house price inflation of 16.8%, between April 2022 and May 2026, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 2 FLOWERFIELD of £286,000 on 20th April 2022. For the value to have increased from £286,000 to £333,930 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 FLOWERFIELD has moved in line with the HPI for detached houses in the Preston local authority area.
• The April 2022 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FLOWERFIELD has not materially changed since April 2022.

How Large is 2 FLOWERFIELD?

2 FLOWERFIELD is 112m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 2 FLOWERFIELD lies on this distribution: 43% of detached houses houses are smaller than 2 FLOWERFIELD, and 56% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 FLOWERFIELD: Plot and Title Map

2 FLOWERFIELD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 FLOWERFIELD, 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 2 FLOWERFIELD). 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 2 FLOWERFIELD?

2 FLOWERFIELD is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 2 on FLOWERFIELD.