FARM COTTAGE, RIDGEWAY FARM COURT, CRICH LANE, RIDGEWAY, BELPER, DE56 2JL - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FARM COTTAGE is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £430,000 in June 2017, which was around 85% above the average June 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

FARM COTTAGE Sold Prices

Land registry data shows two sales for FARM COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two FARM 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
2017 23 JUN	£430,000	£232,580	85% above HPI
1999 30 JUL	£163,000	£74,686	118% above HPI

FARM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two FARM COTTAGE sales from July 1999 and June 2017 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 July 1999 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the June 2017 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is FARM COTTAGE?

FARM COTTAGE is 171m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Ridgeway, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgeway, and where FARM COTTAGE lies on this distribution: 86% of detached houses are smaller than FARM COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Ridgeway.

FARM COTTAGE: Plot and Title Map

FARM COTTAGE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of FARM 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 FARM 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 FARM COTTAGE?

FARM COTTAGE, RIDGEWAY FARM COURT is located on CRICH LANE in RIDGEWAY, in the DE56 postcode district. The below map shows the position of FARM COTTAGE, RIDGEWAY FARM COURT on CRICH LANE.