THE COTTAGE, LIGHTWOOD AVENUE, BUXTON, SK17 7AZ - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE COTTAGE is a midsized extended detached house of 114m², built sometime between 1900 and 1929. It was last sold for £250,000 in July 2017, which was around 18% below the average July 2017 detached price in the High Peak local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE 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 High Peak local authority area for the corresponding sale date. All of the four THE COTTAGE sales were for below 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 11 JUL	£250,000	£305,733	18% below HPI
2000 31 OCT	£99,950	£126,100	21% below HPI
2000 7 SEP	£92,550	£124,548	26% below HPI
1998 20 JUL	£85,000	£105,215	19% below HPI

THE 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 four THE COTTAGE sales between July 1998 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 October 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses by size in Buxton, and where THE COTTAGE lies on this distribution: 47% of detached houses are smaller than THE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Buxton.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on LIGHTWOOD AVENUE in BUXTON, in the SK17 postcode district. The below map shows the position of THE COTTAGE on LIGHTWOOD AVENUE.