4, WESTWARD CLOSE, COTTAM, PRESTON, PR4 0PS - £365,000

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.

4 WESTWARD CLOSE is a large detached house of 139m², which could now be worth an estimated £395,535. It was last sold for £365,000 in June 2022, which was around 27% above the average June 2022 detached price in the Preston local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

4 WESTWARD CLOSE Sold Prices

Land registry data shows two sales for 4 WESTWARD CLOSE 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. Both of the two 4 WESTWARD CLOSE 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
2022 17 JUN	£365,000	£286,456	27% above HPI
2018 6 DEC	£339,950	£246,768	38% above HPI

4 WESTWARD 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 two 4 WESTWARD CLOSE sales from December 2018 and June 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 December 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 WESTWARD CLOSE be worth now?

4 WESTWARD CLOSE might now be worth an estimated £395,535.

This is based on house price inflation of 8.4%, between June 2022 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 8.4% inflationary increase is applied to the most recent sale price for 4 WESTWARD CLOSE of £365,000 on 17th June 2022. For the value to have increased from £365,000 to £395,535 over the three years to June 2025, the following assumptions must hold true:

• The value of 4 WESTWARD CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WESTWARD CLOSE has not materially changed since June 2022.

How Large is 4 WESTWARD CLOSE?

4 WESTWARD CLOSE is 139m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% 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 4 WESTWARD CLOSE lies on this distribution: 80% of detached houses houses are smaller than 4 WESTWARD CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Cottam.

4 WESTWARD CLOSE: Plot and Title Map

4 WESTWARD CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 4 WESTWARD 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 4 WESTWARD 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 4 WESTWARD CLOSE?

4 WESTWARD CLOSE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 4 on WESTWARD CLOSE.