1, WATER LANE, CROMFORD, MATLOCK, DE4 3QH - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WATER LANE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £270,000 in May 2019, which was around 30% below the average May 2019 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

1 WATER LANE Sold Prices

Land registry data shows three sales for 1 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the three 1 WATER LANE sales were 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
2019 23 MAY	£270,000	£386,193	30% below HPI
2007 29 AUG	£175,000	£310,215	44% below HPI
2007 12 JAN	£160,000	£293,121	45% below HPI

1 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The three 1 WATER LANE sales between January 2007 and May 2019 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 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 WATER LANE?

1 WATER LANE is 105m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of detached houses in Cromford, based on EPC data. The below chart shows the distribution of detached houses by size in Cromford, and where 1 WATER LANE lies on this distribution: 47% of detached houses are smaller than 1 WATER LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Cromford.

1 WATER LANE: Plot and Title Map

1 WATER LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 WATER LANE, 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 1 WATER LANE). 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 1 WATER LANE?

1 WATER LANE is located in CROMFORD, in the DE4 postcode district. The below map shows the position of No. 1 on WATER LANE.