THE CEDARS, HILLTOP, BREADSALL, DERBY, DE21 4TJ - £1,999,998

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

THE CEDARS is a very large extended detached house of 576m², built sometime before 1900, which could now be worth an estimated £2,054,020. It was last sold for £1,999,998 in August 2024, which was around 544% above the average August 2024 detached price in the Erewash local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows three sales for THE CEDARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three THE CEDARS 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
2024 29 AUG	£1,999,998	£310,613	544% above HPI
2024 27 AUG	£2,000,000	£310,613	544% above HPI
2020 30 SEP	£1,250,000	£257,908	385% above HPI

THE CEDARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three THE CEDARS sales between September 2020 and August 2024 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 2024 sale was for 544% above the HPI. So the extrapolation line tracks at 544% above the HPI over time, until the August 2024 sale, which was also at 544% above the HPI.

What might THE CEDARS be worth now?

THE CEDARS might now be worth an estimated £2,054,020.

This is based on house price inflation of 2.7%, between August 2024 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for THE CEDARS of £1,999,998 on 29th August 2024. For the value to have increased from £1,999,998 to £2,054,020 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of THE CEDARS has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2024 sale price of £1,999,998 represented a fair market value for the property.
• The size, condition, and specification of THE CEDARS has not materially changed since August 2024.

How Large is THE CEDARS?

THE CEDARS is 576m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where THE CEDARS lies on this distribution: More than 99% of detached houses houses are smaller than THE CEDARS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 2.0 acres, or 8,178m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on HILLTOP in BREADSALL, in the DE21 postcode district. The below map shows the position of THE CEDARS on HILLTOP.