4, SANDYFIELDS, COTTAM, PRESTON, PR4 0DG - £250,000

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 SANDYFIELDS is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £390,207. It was last sold for £250,000 in February 2011, which was around 16% above the average February 2011 detached price in the Preston local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

4 SANDYFIELDS Sold Prices

Land registry data shows three sales for 4 SANDYFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 4 SANDYFIELDS 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
2011 25 FEB	£250,000	£214,672	16% above HPI
2001 29 MAR	£148,000	£106,919	38% above HPI
1998 24 APR	£116,000	£91,797	26% above HPI

4 SANDYFIELDS 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 three 4 SANDYFIELDS sales between April 1998 and February 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 March 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2011 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 SANDYFIELDS be worth now?

4 SANDYFIELDS might now be worth an estimated £390,207.

This is based on house price inflation of 56.1%, between February 2011 and July 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 56.1% inflationary increase is applied to the most recent sale price for 4 SANDYFIELDS of £250,000 on 25th February 2011. For the value to have increased from £250,000 to £390,207 over the fourteen years and seven months to July 2026, the following assumptions must hold true:

• The value of 4 SANDYFIELDS has moved in line with the HPI for detached houses in the Preston local authority area.
• The February 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SANDYFIELDS has not materially changed since February 2011.

How Large is 4 SANDYFIELDS?

4 SANDYFIELDS is 125m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% 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 SANDYFIELDS lies on this distribution: 65% of detached houses are smaller than 4 SANDYFIELDS, and 33% of detached houses are larger. Note that EPC data is not available for all properties in Cottam.