POETS COTTAGE, EAVES KNOLL, NEW MILLS, HIGH PEAK, SK22 4QD - £400,000

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.

POETS COTTAGE is a large extended detached house of 142m², built sometime before 1900, which could now be worth an estimated £614,770. It was last sold for £400,000 in July 2017, which was around 36% above the average July 2017 detached price in the High Peak local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was A.

POETS COTTAGE Sold Prices

Land registry data shows three sales for POETS 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 High Peak local authority area for the corresponding sale date. All of the three POETS 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
2017 14 JUL	£400,000	£293,384	36% above HPI
2008 21 NOV	£455,000	£239,310	90% above HPI
2002 30 AUG	£195,000	£157,812	24% above HPI

POETS COTTAGE 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 POETS COTTAGE sales between August 2002 and July 2017 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 November 2008 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the July 2017 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might POETS COTTAGE be worth now?

POETS COTTAGE might now be worth an estimated £614,770.

This is based on house price inflation of 53.7%, between July 2017 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 53.7% inflationary increase is applied to the most recent sale price for POETS COTTAGE of £400,000 on 14th July 2017. For the value to have increased from £400,000 to £614,770 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of POETS COTTAGE has moved in line with the HPI for detached houses in the High Peak local authority area.
• The July 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of POETS COTTAGE has not materially changed since July 2017.

How Large is POETS COTTAGE?

POETS COTTAGE is 142m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Mills, and where POETS COTTAGE lies on this distribution: 74% of detached houses houses are smaller than POETS COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in New Mills.

POETS COTTAGE: Plot and Title Map

POETS COTTAGE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of POETS 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 POETS 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 POETS COTTAGE?

POETS COTTAGE is located on EAVES KNOLL in NEW MILLS, in the SK22 postcode district. The below map shows the position of POETS COTTAGE on EAVES KNOLL.