CERES, DERWENT LANE, HATHERSAGE, HOPE VALLEY, S32 1AS - £450,000

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.

CERES is a very small extended detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £697,095. It was last sold for £450,000 in December 2014, which was around 45% above the average December 2014 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

CERES Sold Prices

Land registry data shows two sales for CERES 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. Both of the two CERES 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
2014 18 DEC	£450,000	£309,388	45% above HPI
1995 16 JUN	£136,000	£87,933	55% above HPI

CERES 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 CERES sales from June 1995 and December 2014 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 June 1995 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2014 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might CERES be worth now?

CERES might now be worth an estimated £697,095.

This is based on house price inflation of 54.9%, between December 2014 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 54.9% inflationary increase is applied to the most recent sale price for CERES of £450,000 on 18th December 2014. For the value to have increased from £450,000 to £697,095 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of CERES has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CERES has not materially changed since December 2014.

How Large is CERES?

CERES is 64m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Hathersage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hathersage, and where CERES lies on this distribution: 5% of detached houses houses are smaller than CERES, and 95% of houses are larger. Note that EPC data is not available for all properties in Hathersage.

CERES: Plot and Title Map

CERES sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of CERES, 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 CERES). 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 CERES?

CERES is located on DERWENT LANE in HATHERSAGE, in the S32 postcode district. The below map shows the position of CERES on DERWENT LANE.