SPRING COTTAGE, GUTTER HILL, JOHNSTOWN, WREXHAM, LL14 1LT - £123,000

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.

SPRING COTTAGE is a midsized terraced house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £201,803. It was last sold for £123,000 in August 2005, which was around 25% above the average August 2005 terraced price in the Wrexham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wrexham local authority area for the corresponding sale date. All of the three SPRING COTTAGE 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
2005 5 AUG	£123,000	£98,248	25% above HPI
2003 21 FEB	£78,500	£58,509	34% above HPI
1999 29 JUL	£47,000	£35,519	32% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wrexham local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between July 1999 and August 2005 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 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2005 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £201,803.

This is based on house price inflation of 64.1%, between August 2005 and May 2026, for terraced houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.1% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £123,000 on 5th August 2005. For the value to have increased from £123,000 to £201,803 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for terraced houses in the Wrexham local authority area.
• The August 2005 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since August 2005.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 93m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of terraced houses houses in Rhosllannerchrugog, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rhosllannerchrugog, and where SPRING COTTAGE lies on this distribution: 47% of terraced houses houses are smaller than SPRING COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Rhosllannerchrugog.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of SPRING COTTAGE, 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 SPRING COTTAGE). 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 SPRING COTTAGE?

SPRING COTTAGE is located on GUTTER HILL in JOHNSTOWN, in the LL14 postcode district. The below map shows the position of SPRING COTTAGE on GUTTER HILL.