CRANTOCK, MAIN ROAD, NETHER PADLEY, HOPE VALLEY, S32 2HE - £250,000

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.

CRANTOCK is a midsized detached house of 187m², built sometime between 1930 and 1949, which could now be worth an estimated £404,293. It was last sold for £250,000 in May 2010, which was around 15% below the average May 2010 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was D.

CRANTOCK Sold Prices

Land registry data shows two sales for CRANTOCK 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. One of the two CRANTOCK sales was for below the average price, whilst the other was 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
2010 7 MAY	£250,000	£294,043	15% below HPI
2009 18 DEC	£580,000	£279,160	108% above HPI

CRANTOCK 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 CRANTOCK sales from December 2009 and May 2010 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 2009 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the May 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might CRANTOCK be worth now?

CRANTOCK might now be worth an estimated £404,293.

This is based on house price inflation of 61.7%, between May 2010 and May 2026, 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 61.7% inflationary increase is applied to the most recent sale price for CRANTOCK of £250,000 on 7th May 2010. For the value to have increased from £250,000 to £404,293 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of CRANTOCK has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The May 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of CRANTOCK has not materially changed since May 2010.

How Large is CRANTOCK?

CRANTOCK is 187m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Nether Padley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Padley, and where CRANTOCK lies on this distribution: 40% of detached houses houses are smaller than CRANTOCK, and 60% of houses are larger. Note that EPC data is not available for all properties in Nether Padley.

CRANTOCK: Plot and Title Map

CRANTOCK sits on a plot of roughly 0.726 of an acre, or 2,937m². The below map shows the location of CRANTOCK, 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 CRANTOCK). 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 CRANTOCK?

CRANTOCK is located on MAIN ROAD in NETHER PADLEY, in the S32 postcode district. The below map shows the position of CRANTOCK on MAIN ROAD.