COROMANDEL, OLLERSETT LANE, NEW MILLS, HIGH PEAK, SK22 4JE - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

COROMANDEL is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £470,000 in September 2023, which was around 7% above the average September 2023 detached price in the High Peak local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

COROMANDEL Sold Prices

Land registry data shows two sales for COROMANDEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. One of the two COROMANDEL 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
2023 14 SEP	£470,000	£440,828	7% above HPI
2000 1 SEP	£117,950	£124,548	5% below HPI

COROMANDEL 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 two COROMANDEL sales from September 2000 and September 2023 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 September 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is COROMANDEL?

COROMANDEL is 89m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where COROMANDEL lies on this distribution: 20% of detached houses are smaller than COROMANDEL, and 80% of houses are larger. Note that EPC data is not available for all properties in New Mills.

COROMANDEL: Plot and Title Map

COROMANDEL sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of COROMANDEL, 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 COROMANDEL). 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 COROMANDEL?

COROMANDEL is located on OLLERSETT LANE in NEW MILLS, in the SK22 postcode district. The below map shows the position of COROMANDEL on OLLERSETT LANE.