TRUE LOVE COTTAGE, HIGH STREET, STAITHES, SALTBURN-BY-THE-SEA, TS13 5BQ - £150,000

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.

TRUE LOVE COTTAGE is a small detached house of 68m², built sometime before 1900, which could now be worth an estimated £218,154. It was last sold for £150,000 in May 2008, which was around 50% below the average May 2008 detached price in the North Yorkshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was G, and the potential energy rating was G.

TRUE LOVE COTTAGE Sold Prices

Land registry data shows two sales for TRUE LOVE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two TRUE LOVE COTTAGE sales were for below 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
2008 23 MAY	£150,000	£298,476	50% below HPI
1999 26 FEB	£39,500	£106,063	63% below HPI

TRUE LOVE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two TRUE LOVE COTTAGE sales from February 1999 and May 2008 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 1999 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the May 2008 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might TRUE LOVE COTTAGE be worth now?

TRUE LOVE COTTAGE might now be worth an estimated £218,154.

This is based on house price inflation of 45.4%, between May 2008 and February 2025, for 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 45.4% inflationary increase is applied to the most recent sale price for TRUE LOVE COTTAGE of £150,000 on 23rd May 2008. For the value to have increased from £150,000 to £218,154 over the seventeen years and three months to February 2025, the following assumptions must hold true:

• The value of TRUE LOVE COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The May 2008 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of TRUE LOVE COTTAGE has not materially changed since May 2008.

How Large is TRUE LOVE COTTAGE?

TRUE LOVE COTTAGE is 68m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses houses in Staithes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Staithes, and where TRUE LOVE COTTAGE lies on this distribution: 23% of detached houses houses are smaller than TRUE LOVE COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Staithes.

TRUE LOVE COTTAGE: Plot and Title Map

TRUE LOVE COTTAGE sits on a plot of roughly 0.008 of an acre, or 31m². The below map shows the location of TRUE LOVE 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 TRUE LOVE 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 TRUE LOVE COTTAGE?

TRUE LOVE COTTAGE is located on HIGH STREET in STAITHES, in the TS13 postcode district. The below map shows the position of TRUE LOVE COTTAGE on HIGH STREET.