This is a small, spongeware tea pot by Price & Kensington potteries. It has been hand-decorated with their collectable blue sheep design.
The decoration is applied by hand, using shaped pieces of sponge. A full range of tableware was available, including teapots, mugs, plates and various serving dishes. This is the smaller of the two teapot sizes available.
It's a modern piece but has been discontinued for some years. The maker's mark reads:
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