5, ALDER COPPICE, LEA, PRESTON, PR2 1YG - £160,000

5 ALDER COPPICE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £160,000 in May 2011, which was around 24% below the average May 2011 detached price in the Preston local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

5 ALDER COPPICE Sold Prices

Land registry data shows two sales for 5 ALDER COPPICE 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 5 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
2011 27 MAY	£160,000	£211,811	24% below HPI
1997 17 JUL	£70,000	£84,134	17% below HPI

5 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 two 5 ALDER COPPICE sales from July 1997 and May 2011 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 July 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 ALDER COPPICE?

5 ALDER COPPICE is 79m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 5 ALDER COPPICE lies on this distribution: 19% of detached houses are smaller than 5 ALDER COPPICE, and 81% of houses are larger. Note that EPC data is not available for all properties in Preston.

5 ALDER COPPICE: Plot and Title Map

5 ALDER COPPICE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 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 5 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 5 ALDER COPPICE?

5 ALDER COPPICE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 5 on ALDER COPPICE.