BUTTS COTTAGE, BUTTS ROAD, ASHOVER, CHESTERFIELD, S45 0AX - £325,000

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.

BUTTS COTTAGE is a small extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £479,124. It was last sold for £325,000 in January 2018, which was around 35% above the average January 2018 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was A.

BUTTS COTTAGE Sold Prices

Land registry data shows three sales for BUTTS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three BUTTS COTTAGE 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
2018 8 JAN	£325,000	£240,332	35% above HPI
2002 23 OCT	£175,000	£113,398	54% above HPI
2001 5 APR	£100,500	£89,868	12% above HPI

BUTTS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three BUTTS COTTAGE sales between April 2001 and January 2018 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 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2018 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might BUTTS COTTAGE be worth now?

BUTTS COTTAGE might now be worth an estimated £479,124.

This is based on house price inflation of 47.4%, between January 2018 and February 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for BUTTS COTTAGE of £325,000 on 8th January 2018. For the value to have increased from £325,000 to £479,124 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of BUTTS COTTAGE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The January 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of BUTTS COTTAGE has not materially changed since January 2018.

How Large is BUTTS COTTAGE?

BUTTS COTTAGE is 108m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in Ashover, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashover, and where BUTTS COTTAGE lies on this distribution: 23% of detached houses houses are smaller than BUTTS COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Ashover.

BUTTS COTTAGE: Plot and Title Map

BUTTS COTTAGE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of BUTTS 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 BUTTS 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 BUTTS COTTAGE?

BUTTS COTTAGE is located on BUTTS ROAD in ASHOVER, in the S45 postcode district. The below map shows the position of BUTTS COTTAGE on BUTTS ROAD.