8, BIDEFORD WAY, COTTAM, PRESTON, PR4 0LX - £253,000

8 BIDEFORD WAY is a very small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £253,000 in August 2020, which was around 6% above the average August 2020 detached price in the Preston local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 BIDEFORD WAY Sold Prices

Land registry data shows four sales for 8 BIDEFORD WAY 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 8 BIDEFORD WAY 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
2020 27 AUG	£253,000	£239,783	6% above HPI
2017 31 MAR	£250,000	£222,852	12% above HPI
2016 22 DEC	£227,500	£224,712	1% above HPI
1998 27 MAR	£93,500	£85,164	10% above HPI

8 BIDEFORD WAY 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 8 BIDEFORD WAY sales between March 1998 and August 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 March 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 BIDEFORD WAY?

8 BIDEFORD WAY is 93m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 8 BIDEFORD WAY lies on this distribution: 15% of detached houses are smaller than 8 BIDEFORD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Cottam.

8 BIDEFORD WAY: Plot and Title Map

8 BIDEFORD WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 BIDEFORD WAY, 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 8 BIDEFORD WAY). 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 8 BIDEFORD WAY?

8 BIDEFORD WAY is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 8 on BIDEFORD WAY.