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
5 MILL POND COTTAGE is a small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £160,000 in September 2016, which was around 52% below the average September 2016 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 MILL POND COTTAGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. Both of the two 5 MILL POND COTTAGE 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 |
---|---|---|---|
2016 30 SEP | £160,000 | £336,749 | 52% below HPI |
2001 19 OCT | £91,000 | £155,158 | 41% below HPI |
The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The two 5 MILL POND COTTAGE sales from October 2001 and September 2016 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 October 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2016 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
5 MILL POND COTTAGE is 81m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Cromford, based on EPC data. The below chart shows the distribution of detached houses by size in Cromford, and where 5 MILL POND COTTAGE lies on this distribution: 26% of detached houses are smaller than 5 MILL POND COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cromford.
5 MILL POND COTTAGE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 5 MILL POND 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 5 MILL POND 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.
5 MILL POND COTTAGE is located on SCARTHIN in CROMFORD, in the DE4 postcode district. The below map shows the position of 5 MILL POND COTTAGE on SCARTHIN.