SPARKMILL COTTAGE, SPARKMILL TERRACE, BEVERLEY, HU17 0PA - £195,000

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.

SPARKMILL COTTAGE is a small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £252,302. It was last sold for £195,000 in November 2018, which was around 26% below the average November 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

SPARKMILL COTTAGE Sold Prices

Land registry data shows three sales for SPARKMILL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three SPARKMILL 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 20 NOV	£195,000	£263,678	26% below HPI
2015 13 MAR	£160,000	£221,776	28% below HPI
2007 16 NOV	£132,000	£231,443	43% below HPI

SPARKMILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three SPARKMILL COTTAGE sales between November 2007 and November 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 March 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might SPARKMILL COTTAGE be worth now?

SPARKMILL COTTAGE might now be worth an estimated £252,302.

This is based on house price inflation of 29.4%, between November 2018 and February 2025, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for SPARKMILL COTTAGE of £195,000 on 20th November 2018. For the value to have increased from £195,000 to £252,302 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of SPARKMILL COTTAGE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of SPARKMILL COTTAGE has not materially changed since November 2018.

How Large is SPARKMILL COTTAGE?

SPARKMILL COTTAGE is 97m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Beverley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beverley, and where SPARKMILL COTTAGE lies on this distribution: 30% of detached houses houses are smaller than SPARKMILL COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Beverley.

SPARKMILL COTTAGE: Plot and Title Map

SPARKMILL COTTAGE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of SPARKMILL 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 SPARKMILL 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 SPARKMILL COTTAGE?

SPARKMILL COTTAGE is located on SPARKMILL TERRACE in BEVERLEY, in the HU17 postcode district. The below map shows the position of SPARKMILL COTTAGE on SPARKMILL TERRACE.