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

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.

SPRING COTTAGE is a very large extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £479,252. It was last sold for £325,000 in September 2018, which was around 65% 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	£196,694	65% above HPI
2008 29 JAN	£270,000	£191,694	41% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2018 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £479,252.

This is based on house price inflation of 47.5%, between September 2018 and February 2025, for detached houses, in the St Helens local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.5% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £325,000 on 12th September 2018. For the value to have increased from £325,000 to £479,252 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the St Helens local authority area.
• The September 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since September 2018.

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 houses in Prescot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prescot, and where SPRING COTTAGE lies on this distribution: 86% of detached houses 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.