4, MILL COTTAGES, DARLEY ABBEY MILLS, DARLEY ABBEY, DERBY, DE22 1DZ - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MILL COTTAGES is a large extended detached house of 127m², built sometime before 1900, which could now be worth an estimated £470,966. It was last sold for £390,000 in February 2021, which was around 46% above the average February 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

4 MILL COTTAGES Sold Prices

Land registry data shows three sales for 4 MILL COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 4 MILL COTTAGES 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
2021 9 FEB	£390,000	£267,201	46% above HPI
2013 26 JUL	£267,500	£194,500	38% above HPI
2006 24 FEB	£230,000	£187,337	23% above HPI

4 MILL COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 4 MILL COTTAGES sales between February 2006 and February 2021 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 July 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 4 MILL COTTAGES be worth now?

4 MILL COTTAGES might now be worth an estimated £470,966.

This is based on house price inflation of 20.8%, between February 2021 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 4 MILL COTTAGES of £390,000 on 9th February 2021. For the value to have increased from £390,000 to £470,966 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 4 MILL COTTAGES has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL COTTAGES has not materially changed since February 2021.

How Large is 4 MILL COTTAGES?

4 MILL COTTAGES is 127m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 4 MILL COTTAGES lies on this distribution: 71% of detached houses houses are smaller than 4 MILL COTTAGES, and 29% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 MILL COTTAGES: Plot and Title Map

4 MILL COTTAGES sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 MILL COTTAGES, 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 4 MILL COTTAGES). 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 4 MILL COTTAGES?

4 MILL COTTAGES is located on DARLEY ABBEY MILLS in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of 4 MILL COTTAGES on DARLEY ABBEY MILLS.