40, MINSTER PARK, COTTAM, PRESTON, PR4 0BY - £207,500

40 MINSTER PARK is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £207,500 in September 2019, which was around 13% below the average September 2019 detached price in the Preston local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

40 MINSTER PARK Sold Prices

Land registry data shows seven sales for 40 MINSTER PARK since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Preston local authority area for the corresponding sale date. The seven 40 MINSTER PARK sales were a mix of below the average price, roughly equal to the average price, and 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
2019 16 SEP	£207,500	£239,324	13% below HPI
2005 20 MAY	£175,000	£202,094	13% below HPI
2005 15 APR	£175,000	£206,913	15% below HPI
2002 31 OCT	£136,000	£124,105	10% above HPI
2002 4 FEB	£99,950	£106,780	6% below HPI
2001 14 JUN	£85,000	£102,537	17% below HPI
1997 28 FEB	£82,850	£82,597	Close to HPI

40 MINSTER PARK 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 seven 40 MINSTER PARK sales between February 1997 and September 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 May 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2019 sale, which was also at 13% below the HPI.

How Large is 40 MINSTER PARK?

40 MINSTER PARK is 82m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 40 MINSTER PARK lies on this distribution: 3% of detached houses are smaller than 40 MINSTER PARK, and 96% of houses are larger. Note that EPC data is not available for all properties in Cottam.

40 MINSTER PARK: Plot and Title Map

40 MINSTER PARK sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 40 MINSTER PARK, 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 40 MINSTER PARK). 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 40 MINSTER PARK?

40 MINSTER PARK is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 40 on MINSTER PARK.