RAYMOND COTTAGE, JEFFRIES LANE, CRICH, MATLOCK, DE4 5DT - £230,000

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

RAYMOND COTTAGE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £230,000 in June 2015, which was around 12% above the average June 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

RAYMOND COTTAGE Sold Prices

Land registry data shows four sales for RAYMOND COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the four RAYMOND 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
2015 26 JUN	£230,000	£205,294	12% above HPI
2007 17 AUG	£225,000	£205,625	9% above HPI
2002 31 MAY	£130,000	£100,522	29% above HPI
2000 1 DEC	£68,600	£85,705	20% below HPI

RAYMOND COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four RAYMOND COTTAGE sales between December 2000 and June 2015 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 August 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might RAYMOND COTTAGE be worth now?

RAYMOND COTTAGE might now be worth an estimated £377,298.

This is based on house price inflation of 64%, between June 2015 and December 2024, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64% inflationary increase is applied to the most recent sale price for RAYMOND COTTAGE of £230,000 on 26th June 2015. For the value to have increased from £230,000 to £377,298 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of RAYMOND COTTAGE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of RAYMOND COTTAGE has not materially changed since June 2015.

How Large is RAYMOND COTTAGE?

RAYMOND COTTAGE is 80m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses houses in Crich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crich, and where RAYMOND COTTAGE lies on this distribution: 9% of detached houses houses are smaller than RAYMOND COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Crich.

RAYMOND COTTAGE: Plot and Title Map

RAYMOND COTTAGE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of RAYMOND 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 RAYMOND 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 RAYMOND COTTAGE?

RAYMOND COTTAGE is located on JEFFRIES LANE in CRICH, in the DE4 postcode district. The below map shows the position of RAYMOND COTTAGE on JEFFRIES LANE.