DRUMBEG, THE GREEN, CURBAR, HOPE VALLEY, S32 3YH - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DRUMBEG is a very small detached house of 118m², built sometime before 1900, which could now be worth an estimated £463,981. It was last sold for £315,000 in December 2015, which was around 2% below the average December 2015 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

DRUMBEG Sold Prices

Land registry data shows three sales for DRUMBEG since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. Two of the three DRUMBEG sales were for below the average price, whilst one was 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
2015 18 DEC	£315,000	£322,033	2% below HPI
2006 15 AUG	£140,000	£282,282	50% below HPI
2002 10 MAY	£190,500	£161,680	18% above HPI

DRUMBEG 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 three DRUMBEG sales between May 2002 and December 2015 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 August 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might DRUMBEG be worth now?

DRUMBEG might now be worth an estimated £463,981.

This is based on house price inflation of 47.3%, between December 2015 and December 2024, 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 47.3% inflationary increase is applied to the most recent sale price for DRUMBEG of £315,000 on 18th December 2015. For the value to have increased from £315,000 to £463,981 over the nine years to December 2024, the following assumptions must hold true:

• The value of DRUMBEG has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of DRUMBEG has not materially changed since December 2015.

How Large is DRUMBEG?

DRUMBEG is 118m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Curbar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Curbar, and where DRUMBEG lies on this distribution: 13% of detached houses houses are smaller than DRUMBEG, and 87% of houses are larger. Note that EPC data is not available for all properties in Curbar.

DRUMBEG: Plot and Title Map

DRUMBEG sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of DRUMBEG, 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 DRUMBEG). 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 DRUMBEG?

DRUMBEG is located on THE GREEN in CURBAR, in the S32 postcode district. The below map shows the position of DRUMBEG on THE GREEN.