STEPS COTTAGE, STEPS LANE, SOWERBY BRIDGE, HX6 2JH - £330,000

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.

STEPS COTTAGE is a small extended detached house of 102m², built sometime before 1900, which could now be worth an estimated £354,911. It was last sold for £330,000 in April 2023, which was around 2% above the average April 2023 detached price in the Calderdale local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

STEPS COTTAGE Sold Prices

Land registry data shows three sales for STEPS 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 Calderdale local authority area for the corresponding sale date. Two of the three STEPS COTTAGE sales were for above the average price, whilst one was 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
2023 17 APR	£330,000	£325,007	2% above HPI
2015 29 APR	£222,000	£213,481	4% above HPI
1999 9 APR	£50,500	£81,864	38% below HPI

STEPS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Calderdale local authority area over time, sourced from the HPI. The three STEPS COTTAGE sales between April 1999 and April 2023 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 April 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might STEPS COTTAGE be worth now?

STEPS COTTAGE might now be worth an estimated £354,911.

This is based on house price inflation of 7.5%, between April 2023 and February 2025, for detached houses, in the Calderdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.5% inflationary increase is applied to the most recent sale price for STEPS COTTAGE of £330,000 on 17th April 2023. For the value to have increased from £330,000 to £354,911 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of STEPS COTTAGE has moved in line with the HPI for detached houses in the Calderdale local authority area.
• The April 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of STEPS COTTAGE has not materially changed since April 2023.

How Large is STEPS COTTAGE?

STEPS COTTAGE is 102m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Halifax, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halifax, and where STEPS COTTAGE lies on this distribution: 33% of detached houses houses are smaller than STEPS COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Halifax.

STEPS COTTAGE: Plot and Title Map

STEPS COTTAGE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of STEPS 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 STEPS 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 STEPS COTTAGE?

STEPS COTTAGE is located on STEPS LANE in SOWERBY BRIDGE, in the HX6 postcode district. The below map shows the position of STEPS COTTAGE on STEPS LANE.