8, CASTLE DRIVE, BAKEWELL, DE45 1AS - £449,000

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.

8 CASTLE DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £536,329. It was last sold for £449,000 in June 2021, which was around 12% above the average June 2021 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

8 CASTLE DRIVE Sold Prices

Land registry data shows two sales for 8 CASTLE DRIVE since 1^st 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. One of the two 8 CASTLE DRIVE sales was for above the average price, whilst the other 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
2021 21 JUN	£449,000	£401,234	12% above HPI
2006 8 DEC	£272,000	£283,130	4% below HPI

8 CASTLE DRIVE 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 two 8 CASTLE DRIVE sales from December 2006 and June 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 December 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 CASTLE DRIVE be worth now?

8 CASTLE DRIVE might now be worth an estimated £536,329.

This is based on house price inflation of 19.4%, between June 2021 and February 2025, for detached houses, in the Derbyshire Dales local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 8 CASTLE DRIVE of £449,000 on 21st June 2021. For the value to have increased from £449,000 to £536,329 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 CASTLE DRIVE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The June 2021 sale price of £449,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CASTLE DRIVE has not materially changed since June 2021.

How Large is 8 CASTLE DRIVE?

8 CASTLE DRIVE is 71m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses houses in Bakewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bakewell, and where 8 CASTLE DRIVE lies on this distribution: 6% of detached houses houses are smaller than 8 CASTLE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bakewell.

8 CASTLE DRIVE: Plot and Title Map

8 CASTLE DRIVE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 8 CASTLE DRIVE, 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 8 CASTLE DRIVE). 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 8 CASTLE DRIVE?

8 CASTLE DRIVE is located in BAKEWELL, in the DE45 postcode district. The below map shows the position of No. 8 on CASTLE DRIVE.