LIME TREE COTTAGE, MAIN STREET, HEATH, CHESTERFIELD, S44 5SA - £385,000

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

LIME TREE COTTAGE is a very large extended detached house of 243m², built sometime between 1996 and 2002, which could now be worth an estimated £723,722. It was last sold for £385,000 in May 2011, which was around 104% above the average May 2011 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

LIME TREE COTTAGE Sold Prices

Land registry data shows three sales for LIME TREE 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 North East Derbyshire local authority area for the corresponding sale date. All of the three LIME TREE 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
2011 6 MAY	£385,000	£188,480	104% above HPI
2008 20 MAR	£573,327	£199,464	187% above HPI
2001 22 JAN	£285,000	£92,822	207% above HPI

LIME TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three LIME TREE COTTAGE sales between January 2001 and May 2011 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 March 2008 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the May 2011 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might LIME TREE COTTAGE be worth now?

LIME TREE COTTAGE might now be worth an estimated £723,722.

This is based on house price inflation of 88%, between May 2011 and February 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88% inflationary increase is applied to the most recent sale price for LIME TREE COTTAGE of £385,000 on 6th May 2011. For the value to have increased from £385,000 to £723,722 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of LIME TREE COTTAGE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The May 2011 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of LIME TREE COTTAGE has not materially changed since May 2011.

How Large is LIME TREE COTTAGE?

LIME TREE COTTAGE is 243m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heath, and where LIME TREE COTTAGE lies on this distribution: 92% of detached houses houses are smaller than LIME TREE COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Heath.

LIME TREE COTTAGE: Plot and Title Map

LIME TREE COTTAGE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of LIME TREE 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 LIME TREE 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 LIME TREE COTTAGE?

LIME TREE COTTAGE is located on MAIN STREET in HEATH, in the S44 postcode district. The below map shows the position of LIME TREE COTTAGE on MAIN STREET.