IVY COTTAGE, WEST BANK, WINSTER, MATLOCK, DE4 2DQ - £325,000

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.

IVY COTTAGE is a very small detached house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £386,224. It was last sold for £325,000 in December 2020, which was around 19% below the average December 2020 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE 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. All of the three IVY COTTAGE sales were 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
2020 18 DEC	£325,000	£403,299	19% below HPI
2011 15 DEC	£214,064	£286,705	25% below HPI
1995 14 JUL	£67,900	£89,142	24% below HPI

IVY COTTAGE 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 IVY COTTAGE sales between July 1995 and December 2020 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might IVY COTTAGE be worth now?

IVY COTTAGE might now be worth an estimated £386,224.

This is based on house price inflation of 18.8%, between December 2020 and February 2025, 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 18.8% inflationary increase is applied to the most recent sale price for IVY COTTAGE of £325,000 on 18th December 2020. For the value to have increased from £325,000 to £386,224 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of IVY COTTAGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of IVY COTTAGE has not materially changed since December 2020.

How Large is IVY COTTAGE?

IVY COTTAGE is 60m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Winster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winster, and where IVY COTTAGE lies on this distribution: 8% of detached houses houses are smaller than IVY COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Winster.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on WEST BANK in WINSTER, in the DE4 postcode district. The below map shows the position of IVY COTTAGE on WEST BANK.