THE RYDAL, LEA ROAD, LEA TOWN, PRESTON, PR4 0RA - £418,000

THE RYDAL is a very large extended detached house of 219m², built sometime between 2003 and 2006. It was last sold for £418,000 in July 2020, which was around 78% above the average July 2020 detached price in the Preston local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

THE RYDAL Sold Prices

Land registry data shows four sales for THE RYDAL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four THE RYDAL 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
2020 17 JUL	£418,000	£234,222	78% above HPI
2015 13 FEB	£378,000	£217,295	74% above HPI
2013 18 OCT	£385,000	£216,172	78% above HPI
2008 30 JUN	£380,000	£230,417	65% above HPI

THE RYDAL 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 four THE RYDAL sales between June 2008 and July 2020 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 February 2015 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the July 2020 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is THE RYDAL?

THE RYDAL is 219m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where THE RYDAL lies on this distribution: 99% of detached houses are smaller than THE RYDAL, and 1% of houses are larger. Note that EPC data is not available for all properties in Cottam.

THE RYDAL: Plot and Title Map

THE RYDAL sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of THE RYDAL, 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 THE RYDAL). 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 THE RYDAL?

THE RYDAL is located on LEA ROAD in LEA TOWN, in the PR4 postcode district. The below map shows the position of THE RYDAL on LEA ROAD.