5, MILL POND COTTAGE, SCARTHIN, CROMFORD, MATLOCK, DE4 3QF - £160,000

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.

5 MILL POND COTTAGE is a small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £231,007. It was last sold for £160,000 in September 2016, which was around 52% below the average September 2016 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 MILL POND COTTAGE Sold Prices

Land registry data shows two sales for 5 MILL POND 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 5 MILL POND 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
2016 30 SEP	£160,000	£331,954	52% below HPI
2001 19 OCT	£91,000	£152,949	41% below HPI

5 MILL POND 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 5 MILL POND COTTAGE sales from October 2001 and September 2016 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 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2016 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 5 MILL POND COTTAGE be worth now?

5 MILL POND COTTAGE might now be worth an estimated £231,007.

This is based on house price inflation of 44.4%, between September 2016 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 44.4% inflationary increase is applied to the most recent sale price for 5 MILL POND COTTAGE of £160,000 on 30th September 2016. For the value to have increased from £160,000 to £231,007 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 MILL POND COTTAGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The September 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL POND COTTAGE has not materially changed since September 2016.

How Large is 5 MILL POND COTTAGE?

5 MILL POND COTTAGE is 81m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Cromford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromford, and where 5 MILL POND COTTAGE lies on this distribution: 26% of detached houses houses are smaller than 5 MILL POND COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Cromford.

5 MILL POND COTTAGE: Plot and Title Map

5 MILL POND COTTAGE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 5 MILL POND 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 5 MILL POND 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 5 MILL POND COTTAGE?

5 MILL POND COTTAGE is located on SCARTHIN in CROMFORD, in the DE4 postcode district. The below map shows the position of 5 MILL POND COTTAGE on SCARTHIN.