SPRING COTTAGE, OLD LANE, RAINHILL, PRESCOT, L35 0LZ - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRING COTTAGE is a very large extended detached house of 153m², built sometime before 1900. It was last sold for £325,000 in September 2018, which was around 54% above the average September 2018 detached price in the St Helens local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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 St Helens local authority area for the corresponding sale date. Both of the two 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
2018 12 SEP	£325,000	£210,521	54% above HPI
2008 29 JAN	£270,000	£205,171	32% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Helens local authority area over time, sourced from the HPI. The two SPRING COTTAGE sales from January 2008 and September 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 January 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 153m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Prescot, based on EPC data. The below chart shows the distribution of detached houses by size in Prescot, and where SPRING COTTAGE lies on this distribution: 86% of detached houses are smaller than SPRING COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Prescot.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.083 of an acre, or 337m². 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 OLD LANE in RAINHILL, in the L35 postcode district. The below map shows the position of SPRING COTTAGE on OLD LANE.