8, BIRCH TREE WAY, COTTAM, PRESTON, PR4 0EP - £299,995

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.

8 BIRCH TREE WAY is a large detached house of 135m², built in 2016, which could now be worth an estimated £402,738. It was last sold for £299,995 in February 2018, which was around 21% above the average February 2018 detached price in the Preston local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

8 BIRCH TREE WAY Sold Prices

Land registry data shows one sale for 8 BIRCH TREE WAY 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
2018 2 FEB	£299,995	£247,736	21% above HPI

What might 8 BIRCH TREE WAY be worth now?

8 BIRCH TREE WAY might now be worth an estimated £402,738.

This is based on house price inflation of 34.2%, between February 2018 and May 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 34.2% inflationary increase is applied to the most recent sale price for 8 BIRCH TREE WAY of £299,995 on 2nd February 2018. For the value to have increased from £299,995 to £402,738 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 BIRCH TREE WAY has moved in line with the HPI for detached houses in the Preston local authority area.
• The February 2018 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 8 BIRCH TREE WAY has not materially changed since February 2018.

How Large is 8 BIRCH TREE WAY?

8 BIRCH TREE WAY is 135m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 BIRCH TREE WAY lies on this distribution: 76% of detached houses are smaller than 8 BIRCH TREE WAY, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Cottam.

8 BIRCH TREE WAY: Plot

8 BIRCH TREE WAY sits on a plot of roughly 0.098 of an acre, or 398m².

Where is 8 BIRCH TREE WAY?

8 BIRCH TREE WAY is located in COTTAM, in the PR4 postcode district.