THE WEST LODGE, HOLME LANE, BAKEWELL, DE45 1GF - £400,000

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 WEST LODGE is a very small extended detached house of 82m², built sometime before 1900, which could now be worth an estimated £617,867. It was last sold for £400,000 in August 2014, which was around 29% above the average August 2014 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

THE WEST LODGE Sold Prices

Land registry data shows two sales for THE WEST LODGE 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 WEST LODGE 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
2014 15 AUG	£400,000	£310,276	29% above HPI
2001 26 SEP	£250,000	£148,487	68% above HPI

THE WEST LODGE 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 WEST LODGE sales from September 2001 and August 2014 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 September 2001 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the August 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE WEST LODGE be worth now?

THE WEST LODGE might now be worth an estimated £617,867.

This is based on house price inflation of 54.5%, between August 2014 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 54.5% inflationary increase is applied to the most recent sale price for THE WEST LODGE of £400,000 on 15th August 2014. For the value to have increased from £400,000 to £617,867 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of THE WEST LODGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The August 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of THE WEST LODGE has not materially changed since August 2014.

How Large is THE WEST LODGE?

THE WEST LODGE is 82m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Bakewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bakewell, and where THE WEST LODGE lies on this distribution: 15% of detached houses houses are smaller than THE WEST LODGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bakewell.

THE WEST LODGE: Plot and Title Map

THE WEST LODGE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of THE WEST LODGE, 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 WEST LODGE). 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 WEST LODGE?

THE WEST LODGE is located on HOLME LANE in BAKEWELL, in the DE45 postcode district. The below map shows the position of THE WEST LODGE on HOLME LANE.