WELL BANK COTTAGE, WELL BANKS, KIRK IRETON, ASHBOURNE, DE6 3JW - £585,000

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

WELL BANK COTTAGE is a small detached house of 106m², built sometime before 1900. It was last sold for £585,000 in January 2022, which was around 37% above the average January 2022 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

WELL BANK COTTAGE Sold Prices

Land registry data shows two sales for WELL BANK COTTAGE 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 WELL BANK COTTAGE 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
2022 6 JAN	£585,000	£426,546	37% above HPI
2010 30 JUL	£325,000	£301,576	8% above HPI

WELL BANK COTTAGE 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 WELL BANK COTTAGE sales from July 2010 and January 2022 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 July 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is WELL BANK COTTAGE?

WELL BANK COTTAGE is 106m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses in Kirk Ireton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirk Ireton, and where WELL BANK COTTAGE lies on this distribution: 38% of detached houses are smaller than WELL BANK COTTAGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Kirk Ireton.

WELL BANK COTTAGE: Plot and Title Map

WELL BANK COTTAGE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of WELL BANK 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 WELL BANK 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 WELL BANK COTTAGE?

WELL BANK COTTAGE is located on WELL BANKS in KIRK IRETON, in the DE6 postcode district. The below map shows the position of WELL BANK COTTAGE on WELL BANKS.