32, MEADOWBARN CLOSE, COTTAM, PRESTON, PR4 0AG - £134,000

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.

32 MEADOWBARN CLOSE is a very small detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £173,683. It was last sold for £134,000 in June 2019, which was around 44% below the average June 2019 detached price in the Preston local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

32 MEADOWBARN CLOSE Sold Prices

Land registry data shows four sales for 32 MEADOWBARN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 32 MEADOWBARN CLOSE 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 28 JUN	£134,000	£239,495	44% below HPI
2016 18 NOV	£132,500	£237,714	44% below HPI
2004 26 MAR	£116,000	£170,253	32% below HPI
2000 23 FEB	£58,500	£98,529	41% below HPI

32 MEADOWBARN CLOSE 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 four 32 MEADOWBARN CLOSE sales between February 2000 and June 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 November 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2019 sale, which was also at 44% below the HPI.

What might 32 MEADOWBARN CLOSE be worth now?

32 MEADOWBARN CLOSE might now be worth an estimated £173,683.

This is based on house price inflation of 29.6%, between June 2019 and June 2025, 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 29.6% inflationary increase is applied to the most recent sale price for 32 MEADOWBARN CLOSE of £134,000 on 28th June 2019. For the value to have increased from £134,000 to £173,683 over the six years to June 2025, the following assumptions must hold true:

• The value of 32 MEADOWBARN CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2019 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MEADOWBARN CLOSE has not materially changed since June 2019.

How Large is 32 MEADOWBARN CLOSE?

32 MEADOWBARN CLOSE is 57m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 32 MEADOWBARN CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 32 MEADOWBARN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cottam.

32 MEADOWBARN CLOSE: Plot and Title Map

32 MEADOWBARN CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 32 MEADOWBARN CLOSE, 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 32 MEADOWBARN CLOSE). 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 32 MEADOWBARN CLOSE?

32 MEADOWBARN CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 32 on MEADOWBARN CLOSE.