SPRING COTTAGE, THE HOLBORN, MADELEY, CREWE, CW3 9DT - £384,000

SPRING COTTAGE is a midsized extended detached house of 124m², built sometime before 1900. It was last sold for £384,000 in November 2022, which was around 29% above the average November 2022 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, 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 detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. The five SPRING COTTAGE sales were a mix of above the average price, and roughly equal to 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 11 NOV	£384,000	£296,628	29% above HPI
2014 11 SEP	£280,000	£193,188	45% above HPI
2009 3 DEC	£249,950	£179,893	39% above HPI
2009 16 JAN	£220,000	£186,480	18% above HPI
2007 20 JUN	£200,000	£199,174	Close to HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The five SPRING COTTAGE sales between June 2007 and November 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 2014 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where SPRING COTTAGE lies on this distribution: 55% of detached houses are smaller than SPRING COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Madeley.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.107 of an acre, or 432m². 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 THE HOLBORN in MADELEY, in the CW3 postcode district. The below map shows the position of SPRING COTTAGE on THE HOLBORN.