SPRING COTTAGE, HAVIKIL LANE, SCOTTON, KNARESBOROUGH, HG5 9HN - £245,000

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 very small semi-detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £307,966. It was last sold for £245,000 in August 2019, which was around 15% above the average August 2019 semi-detached price in the North Yorkshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, 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 semi-detached price in the North Yorkshire 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
2019 9 AUG	£245,000	£213,811	15% above HPI
2008 2 MAY	£250,000	£186,615	34% above HPI
2004 23 FEB	£184,950	£138,630	33% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between February 2004 and August 2019 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 May 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £307,966.

This is based on house price inflation of 25.7%, between August 2019 and February 2025, for semi-detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.7% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £245,000 on 9th August 2019. For the value to have increased from £245,000 to £307,966 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for semi-detached houses in the North Yorkshire local authority area.
• The August 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since August 2019.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of semi-detached houses houses in Scotton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scotton, and where SPRING COTTAGE lies on this distribution: 5% of semi-detached houses houses are smaller than SPRING COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Scotton.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.030 of an acre, or 123m². 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 HAVIKIL LANE in SCOTTON, in the HG5 postcode district. The below map shows the position of SPRING COTTAGE on HAVIKIL LANE.