THE SMITHY, MAIN ROAD, HULLAND WARD, ASHBOURNE, DE6 3EF - £302,500

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 SMITHY is a midsized extended detached house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £397,234. It was last sold for £302,500 in November 2019, which was around 16% below the average November 2019 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was November 2017, where the current energy rating was G, and the potential energy rating was C.

THE SMITHY Sold Prices

Land registry data shows two sales for THE SMITHY 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 SMITHY 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
2019 8 NOV	£302,500	£361,217	16% below HPI
2017 6 DEC	£225,000	£344,538	35% below HPI

THE SMITHY 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 SMITHY sales from December 2017 and November 2019 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might THE SMITHY be worth now?

THE SMITHY might now be worth an estimated £397,234.

This is based on house price inflation of 31.3%, between November 2019 and December 2024, 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 31.3% inflationary increase is applied to the most recent sale price for THE SMITHY of £302,500 on 8th November 2019. For the value to have increased from £302,500 to £397,234 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of THE SMITHY has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The November 2019 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of THE SMITHY has not materially changed since November 2019.

How Large is THE SMITHY?

THE SMITHY is 105m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Hulland Ward, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hulland Ward, and where THE SMITHY lies on this distribution: 60% of detached houses houses are smaller than THE SMITHY, and 40% of houses are larger. Note that EPC data is not available for all properties in Hulland Ward.

THE SMITHY: Plot and Title Map

THE SMITHY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of THE SMITHY, 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 SMITHY). 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 SMITHY?

THE SMITHY is located on MAIN ROAD in HULLAND WARD, in the DE6 postcode district. The below map shows the position of THE SMITHY on MAIN ROAD.