HAZELDENE, SHERWOOD AVENUE, HOPE, HOPE VALLEY, S33 6RQ - £395,000

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.

HAZELDENE is a very small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £573,419. It was last sold for £395,000 in May 2018, which was around 27% above the average May 2018 detached price in the High Peak local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

HAZELDENE Sold Prices

Land registry data shows two sales for HAZELDENE 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. Both of the two HAZELDENE 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
2018 10 MAY	£395,000	£310,609	27% above HPI
2002 16 MAY	£195,000	£150,175	30% above HPI

HAZELDENE 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 HAZELDENE sales from May 2002 and May 2018 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 May 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might HAZELDENE be worth now?

HAZELDENE might now be worth an estimated £573,419.

This is based on house price inflation of 45.2%, between May 2018 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.2% inflationary increase is applied to the most recent sale price for HAZELDENE of £395,000 on 10th May 2018. For the value to have increased from £395,000 to £573,419 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of HAZELDENE has moved in line with the HPI for detached houses in the High Peak local authority area.
• The May 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELDENE has not materially changed since May 2018.

How Large is HAZELDENE?

HAZELDENE is 86m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses houses in Hope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hope, and where HAZELDENE lies on this distribution: 17% of detached houses houses are smaller than HAZELDENE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hope.

HAZELDENE: Plot and Title Map

HAZELDENE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

HAZELDENE is located on SHERWOOD AVENUE in HOPE, in the S33 postcode district. The below map shows the position of HAZELDENE on SHERWOOD AVENUE.