GROTTO HOUSE, WALK MILL ROAD, HAYFIELD, HIGH PEAK, SK22 2ER - £645,000

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

GROTTO HOUSE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £645,000 in October 2022, which was around 50% above the average October 2022 detached price in the High Peak local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

GROTTO HOUSE Sold Prices

Land registry data shows three sales for GROTTO HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. All of the three GROTTO HOUSE 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
2022 14 OCT	£645,000	£430,569	50% above HPI
2006 8 SEP	£320,000	£271,805	18% above HPI
2001 2 APR	£155,000	£134,771	15% above HPI

GROTTO HOUSE 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 three GROTTO HOUSE sales between April 2001 and October 2022 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 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is GROTTO HOUSE?

GROTTO HOUSE is 112m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Hayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hayfield, and where GROTTO HOUSE lies on this distribution: 32% of detached houses are smaller than GROTTO HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hayfield.

GROTTO HOUSE: Plot and Title Map

GROTTO HOUSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of GROTTO HOUSE, 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 GROTTO HOUSE). 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 GROTTO HOUSE?

GROTTO HOUSE is located on WALK MILL ROAD in HAYFIELD, in the SK22 postcode district. The below map shows the position of GROTTO HOUSE on WALK MILL ROAD.