PEAR TREE COTTAGE, MAIN ROAD, MIDDLE MAYFIELD, ASHBOURNE, DE6 2JY - £480,000

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.

PEAR TREE COTTAGE is a large extended detached house of 161m², built sometime before 1900, which could now be worth an estimated £864,158. It was last sold for £480,000 in April 2009, which was around 152% above the average April 2009 detached price in the East Staffordshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR TREE 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 East Staffordshire local authority area for the corresponding sale date. Both of the two PEAR 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
2009 8 APR	£480,000	£190,323	152% above HPI
1996 15 OCT	£75,500	£72,734	4% above HPI

PEAR TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two PEAR TREE COTTAGE sales from October 1996 and April 2009 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 October 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2009 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £864,158.

This is based on house price inflation of 80%, between April 2009 and February 2025, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £480,000 on 8th April 2009. For the value to have increased from £480,000 to £864,158 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The April 2009 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since April 2009.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 161m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 30% of detached houses houses in Mayfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayfield, and where PEAR TREE COTTAGE lies on this distribution: 79% of detached houses houses are smaller than PEAR TREE COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Mayfield.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.365 of an acre, or 1,479m². The below map shows the location of PEAR 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 PEAR 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on MAIN ROAD in MIDDLE MAYFIELD, in the DE6 postcode district. The below map shows the position of PEAR TREE COTTAGE on MAIN ROAD.