THE HERMITAGE, SPRING BANK, GREAT LONGSTONE, BAKEWELL, DE45 1TH - £435,000

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.

THE HERMITAGE is a small extended detached house of 105m², built sometime before 1900, which could now be worth an estimated £693,667. It was last sold for £435,000 in July 2013, which was around 45% above the average July 2013 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

THE HERMITAGE Sold Prices

Land registry data shows two sales for THE HERMITAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. Both of the two THE HERMITAGE 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
2013 17 JUL	£435,000	£300,553	45% above HPI
2010 15 DEC	£351,000	£287,140	22% above HPI

THE HERMITAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The two THE HERMITAGE sales from December 2010 and July 2013 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 December 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2013 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might THE HERMITAGE be worth now?

THE HERMITAGE might now be worth an estimated £693,667.

This is based on house price inflation of 59.5%, between July 2013 and February 2025, for detached houses, in the Derbyshire Dales local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.5% inflationary increase is applied to the most recent sale price for THE HERMITAGE of £435,000 on 17th July 2013. For the value to have increased from £435,000 to £693,667 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of THE HERMITAGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The July 2013 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of THE HERMITAGE has not materially changed since July 2013.

How Large is THE HERMITAGE?

THE HERMITAGE is 105m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses houses in Great Longstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Longstone, and where THE HERMITAGE lies on this distribution: 33% of detached houses houses are smaller than THE HERMITAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Great Longstone.

THE HERMITAGE: Plot and Title Map

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

THE HERMITAGE is located on SPRING BANK in GREAT LONGSTONE, in the DE45 postcode district. The below map shows the position of THE HERMITAGE on SPRING BANK.