SPRING COTTAGE, SPRING STREET, EASINGWOLD, YORK, YO61 3BJ - £243,500

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 terraced house of 78m², built sometime before 1900, which could now be worth an estimated £246,363. It was last sold for £243,500 in October 2022, which was around 12% above the average October 2022 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows five sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. All of the five 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
2022 6 OCT	£243,500	£216,522	12% above HPI
2021 23 SEP	£227,000	£191,251	19% above HPI
2019 3 MAY	£222,250	£171,179	30% above HPI
2006 15 JUN	£200,000	£143,512	39% above HPI
2001 14 FEB	£70,000	£59,080	18% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Yorkshire local authority area over time, sourced from the HPI. The five SPRING COTTAGE sales between February 2001 and October 2022 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 September 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £246,363.

This is based on house price inflation of 1.2%, between October 2022 and April 2026, for terraced 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 1.2% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £243,500 on 6th October 2022. For the value to have increased from £243,500 to £246,363 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The October 2022 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since October 2022.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 78m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses houses in Easingwold, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Easingwold, and where SPRING COTTAGE lies on this distribution: 10% of terraced houses houses are smaller than SPRING COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Easingwold.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.022 of an acre, or 89m². 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 SPRING STREET in EASINGWOLD, in the YO61 postcode district. The below map shows the position of SPRING COTTAGE on SPRING STREET.