SPRING COTTAGE, MAIN STREET, KIRKBY MALZEARD, RIPON, HG4 3RY - £302,500

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 extended terraced house of 88m², built sometime before 1900, which could now be worth an estimated £332,512. It was last sold for £302,500 in December 2021, which was around 55% above the average December 2021 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows four sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. All of the four 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
2021 2 DEC	£302,500	£195,225	55% above HPI
2015 21 AUG	£215,000	£160,627	34% above HPI
2003 7 OCT	£135,000	£104,360	29% above HPI
1996 23 DEC	£52,500	£45,108	16% 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 four SPRING COTTAGE sales between December 1996 and December 2021 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 August 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £332,512.

This is based on house price inflation of 9.9%, between December 2021 and June 2025, 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 9.9% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £302,500 on 2nd December 2021. For the value to have increased from £302,500 to £332,512 over the four years and six months to June 2025, 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 December 2021 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since December 2021.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 88m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Kirkby Malzeard, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kirkby Malzeard, and where SPRING COTTAGE lies on this distribution: 6% of terraced houses houses are smaller than SPRING COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kirkby Malzeard.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.043 of an acre, or 176m². 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 MAIN STREET in KIRKBY MALZEARD, in the HG4 postcode district. The below map shows the position of SPRING COTTAGE on MAIN STREET.