3, THE CHASE, COTTAM, PRESTON, PR4 0NT - £242,000

3 THE CHASE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £242,000 in September 2020, which was around 2% above the average September 2020 detached price in the Preston local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 THE CHASE Sold Prices

Land registry data shows three sales for 3 THE CHASE 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. The three 3 THE CHASE sales were a mix of above the average price, and roughly equal to 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
2020 25 SEP	£242,000	£237,610	2% above HPI
2007 4 JUN	£235,250	£234,642	Close to HPI
2001 27 APR	£116,500	£98,999	18% above HPI

3 THE CHASE 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 3 THE CHASE sales between April 2001 and September 2020 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 THE CHASE?

3 THE CHASE is 97m² according to the EPC inspection conducted in March 2016. 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 3 THE CHASE lies on this distribution: 22% of detached houses are smaller than 3 THE CHASE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cottam.

3 THE CHASE: Plot and Title Map

3 THE CHASE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 3 THE CHASE, 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 THE CHASE). 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 THE CHASE?

3 THE CHASE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 3 on THE CHASE.