3, ALDER COPPICE, LEA, PRESTON, PR2 1YG - £161,500

3 ALDER COPPICE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £161,500 in January 2014, which was around 24% below the average January 2014 detached price in the Preston local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 ALDER COPPICE Sold Prices

Land registry data shows five sales for 3 ALDER COPPICE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 3 ALDER COPPICE 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
2014 10 JAN	£161,500	£211,677	24% below HPI
2007 11 DEC	£177,000	£248,208	29% below HPI
2004 29 APR	£143,000	£165,288	13% below HPI
2002 8 MAR	£81,000	£107,860	25% below HPI
1995 14 JUL	£67,000	£78,576	15% below HPI

3 ALDER COPPICE 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 five 3 ALDER COPPICE sales between July 1995 and January 2014 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 December 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 ALDER COPPICE?

3 ALDER COPPICE is 67m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 3 ALDER COPPICE lies on this distribution: 5% of detached houses are smaller than 3 ALDER COPPICE, and 94% of houses are larger. Note that EPC data is not available for all properties in Preston.

3 ALDER COPPICE: Plot and Title Map

3 ALDER COPPICE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 ALDER COPPICE, 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 3 ALDER COPPICE). 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 3 ALDER COPPICE?

3 ALDER COPPICE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 3 on ALDER COPPICE.