4, CHERRY TREE DRIVE, COTTAM, PRESTON, PR4 0EL - £265,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CHERRY TREE DRIVE is a midsized detached house of 116m², built in 2016, which could now be worth an estimated £367,268. It was last sold for £265,995 in July 2019, which was around 8% above the average July 2019 detached price in the Preston local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

4 CHERRY TREE DRIVE Sold Prices

Land registry data shows one sale for 4 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Preston local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 JUL	£265,995	£246,276	8% above HPI

What might 4 CHERRY TREE DRIVE be worth now?

4 CHERRY TREE DRIVE might now be worth an estimated £367,268.

This is based on house price inflation of 38.1%, between July 2019 and April 2026, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for 4 CHERRY TREE DRIVE of £265,995 on 29th July 2019. For the value to have increased from £265,995 to £367,268 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 4 CHERRY TREE DRIVE has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2019 sale price of £265,995 represented a fair market value for the property.
• The size, condition, and specification of 4 CHERRY TREE DRIVE has not materially changed since July 2019.

How Large is 4 CHERRY TREE DRIVE?

4 CHERRY TREE DRIVE is 116m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 4 CHERRY TREE DRIVE lies on this distribution: 49% of detached houses are smaller than 4 CHERRY TREE DRIVE, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Cottam.

4 CHERRY TREE DRIVE: Plot

4 CHERRY TREE DRIVE sits on a plot of roughly 0.067 of an acre, or 270m².

Where is 4 CHERRY TREE DRIVE?

4 CHERRY TREE DRIVE is located in COTTAM, in the PR4 postcode district.