Back Lane Cottage, Preston
Back Lane Cottage, Preston
Description & Estimates
Back Lane Cottage, Preston is recorded publicly as a mid-century freehold house across 1,371 ft2 of internal area, sitting on a 1,763 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Back Lane Cottage, Preston is £484,522 and its rental estimate is £1,443 per month, given the available information and assuming reasonable condition.
Back Lane, Goosnargh, Preston, PR3 falls within the PR3 postal district, in the borough of Preston.
Our Data Sources
Back Lane Cottage, Preston has 21 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated January 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Back Lane Cottage, Preston, we estimate a market value of £508,748 and a rental value of £1,515 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £450,606 and £1,342 per month respectively.
Recent Market Change
Over the last year, Back Lane Cottage, Preston has seen its estimated sale value move down by £2,026 (0.4%) and its estimated rental value increase by £44 per month (3.1%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for Back Lane Cottage, Preston as measuring 1,763 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 9 other houses have recorded plot data.
Energy Efficiency
Back Lane Cottage, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Back Lane Cottage, Preston completed on 6th August 2010 at £467,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.9% over the period since August 2010.
- Sold Aug 2010£467,500
- Sold Sep 2006£385,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Back Lane Cottage, Preston have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th September 2019, was Fairclough Barn, Loud Bridge, Preston, PR3 2NX, a freehold house which sold for £721,000.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Back Lane, Goosnargh, Preston, PR3, Back Lane Cottage, Preston comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £171k more expensive than the average property across the PR3 district.
More reading links
Schools Nearby
- 1.9kmGoosnargh Whitechapel Primary School
- 2.2kmSt Francis Catholic Primary School, Goosnargh
- 3.9kmBarnacre Road Primary School
- 4.7kmLongridge High School
- 4.9kmSt Cecilia's RC High School
- 7.9kmBroughton High School
More reading links
Public Transport Nearby
From Back Lane Cottage, Preston, the nearest station is Preston (Lancs), 12.2 kilometres away.
- 12.2kmPreston (Lancs)
- 14.3kmSalwick
- 14.3kmRamsgreave & Wilpshire
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
