2, THE WEALD, COTTAM, PRESTON, PR4 0NU - £220,000

2 THE WEALD is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £220,000 in October 2009, which was around 3% above the average October 2009 detached price in the Preston local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 THE WEALD Sold Prices

Land registry data shows three sales for 2 THE WEALD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 2 THE WEALD 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
2009 16 OCT	£220,000	£213,242	3% above HPI
2004 2 JUL	£218,000	£182,857	19% above HPI
2001 6 APR	£116,500	£98,999	18% above HPI

2 THE WEALD 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 three 2 THE WEALD sales between April 2001 and October 2009 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 July 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2009 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 THE WEALD?

2 THE WEALD is 97m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 2 THE WEALD lies on this distribution: 23% of detached houses are smaller than 2 THE WEALD, and 77% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 THE WEALD: Plot and Title Map

2 THE WEALD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 THE WEALD, 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 THE WEALD). 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 THE WEALD?

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