MILL COTTAGE, FACTORY BROW, SCORTON, PRESTON, PR3 1AS - £475,000

MILL COTTAGE is a very large extended detached house of 247m², built sometime before 1900. It was last sold for £475,000 in June 2015, which was around 131% above the average June 2015 detached price in the Wyre local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

MILL COTTAGE Sold Prices

Land registry data shows two sales for MILL 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. Both of the two MILL COTTAGE 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
2015 2 JUN	£475,000	£205,244	131% above HPI
2003 28 NOV	£250,000	£161,033	55% above HPI

MILL 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 MILL COTTAGE sales from November 2003 and June 2015 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 November 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2015 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 247m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Scorton, based on EPC data. The below chart shows the distribution of detached houses by size in Scorton, and where MILL COTTAGE lies on this distribution: 86% of detached houses are smaller than MILL COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Scorton.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on FACTORY BROW in SCORTON, in the PR3 postcode district. The below map shows the position of MILL COTTAGE on FACTORY BROW.