HORSESHOE COTTAGE, NEWLANDS LANE, CLOUGHTON, SCARBOROUGH, YO13 0BB - £235,000

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.

HORSESHOE COTTAGE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £298,991. It was last sold for £235,000 in May 2018, which was around 31% below the average May 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

HORSESHOE COTTAGE Sold Prices

Land registry data shows two sales for HORSESHOE 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 HORSESHOE 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
2018 14 MAY	£235,000	£341,186	31% below HPI
2004 4 JUN	£137,500	£246,943	44% below HPI

HORSESHOE 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 HORSESHOE COTTAGE sales from June 2004 and May 2018 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 June 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might HORSESHOE COTTAGE be worth now?

HORSESHOE COTTAGE might now be worth an estimated £298,991.

This is based on house price inflation of 27.2%, between May 2018 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 27.2% inflationary increase is applied to the most recent sale price for HORSESHOE COTTAGE of £235,000 on 14th May 2018. For the value to have increased from £235,000 to £298,991 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of HORSESHOE COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The May 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of HORSESHOE COTTAGE has not materially changed since May 2018.

How Large is HORSESHOE COTTAGE?

HORSESHOE COTTAGE is 53m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Cloughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cloughton, and where HORSESHOE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than HORSESHOE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cloughton.

HORSESHOE COTTAGE: Plot and Title Map

HORSESHOE COTTAGE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of HORSESHOE 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 HORSESHOE 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 HORSESHOE COTTAGE?

HORSESHOE COTTAGE is located on NEWLANDS LANE in CLOUGHTON, in the YO13 postcode district. The below map shows the position of HORSESHOE COTTAGE on NEWLANDS LANE.