CHERRY TREE COTTAGE, ROSSLYN AVENUE, PREESALL, POULTON-LE-FYLDE, FY6 0HE - £215,000

CHERRY TREE COTTAGE is a midsized detached house of 123m², built sometime between 1976 and 1982. It was last sold for £215,000 in December 2006, which was around 3% below the average December 2006 detached price in the Wyre local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows two sales for CHERRY TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. One of the two CHERRY TREE COTTAGE sales was for below the average price, whilst the other was 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
2006 18 DEC	£215,000	£221,289	3% below HPI
2003 30 APR	£189,950	£142,000	34% above HPI

CHERRY TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two CHERRY TREE COTTAGE sales from April 2003 and December 2006 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 April 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2006 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 123m² according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where CHERRY TREE COTTAGE lies on this distribution: 50% of detached houses are smaller than CHERRY TREE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Preesall.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of CHERRY TREE COTTAGE, 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 CHERRY TREE COTTAGE). 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located on ROSSLYN AVENUE in PREESALL, in the FY6 postcode district. The below map shows the position of CHERRY TREE COTTAGE on ROSSLYN AVENUE.