BOWER COTTAGE, EDALE ROAD, HOPE, HOPE VALLEY, S33 6SF - £535,000

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.

BOWER COTTAGE is a small detached house of 109m², built sometime before 1900, which could now be worth an estimated £759,097. It was last sold for £535,000 in April 2020, which was around 68% above the average April 2020 detached price in the High Peak local authority area. The most recent EPC inspection was December 2017, where the current energy rating was F, and the potential energy rating was B.

BOWER COTTAGE Sold Prices

Land registry data shows five sales for BOWER COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. The five BOWER COTTAGE sales were a mix of above the average price, roughly equal to the average price, and 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
2020 24 APR	£535,000	£317,794	68% above HPI
2018 15 MAR	£425,000	£298,140	43% above HPI
2005 21 NOV	£355,000	£243,616	46% above HPI
2003 30 JUL	£50,000	£185,449	73% below HPI
1997 14 MAR	£93,000	£93,290	Close to HPI

BOWER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The five BOWER COTTAGE sales between March 1997 and April 2020 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 March 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might BOWER COTTAGE be worth now?

BOWER COTTAGE might now be worth an estimated £759,097.

This is based on house price inflation of 41.9%, between April 2020 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.9% inflationary increase is applied to the most recent sale price for BOWER COTTAGE of £535,000 on 24th April 2020. For the value to have increased from £535,000 to £759,097 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of BOWER COTTAGE has moved in line with the HPI for detached houses in the High Peak local authority area.
• The April 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of BOWER COTTAGE has not materially changed since April 2020.

How Large is BOWER COTTAGE?

BOWER COTTAGE is 109m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Hope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hope, and where BOWER COTTAGE lies on this distribution: 33% of detached houses houses are smaller than BOWER COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hope.

BOWER COTTAGE: Plot and Title Map

BOWER COTTAGE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of BOWER 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 BOWER 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.

Where is BOWER COTTAGE?

BOWER COTTAGE is located on EDALE ROAD in HOPE, in the S33 postcode district. The below map shows the position of BOWER COTTAGE on EDALE ROAD.