DERWENT COTTAGE, SHAW LANE, MILFORD, BELPER, DE56 0RE - £470,000

DERWENT COTTAGE is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £470,000 in January 2021, which was around 68% above the average January 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

DERWENT COTTAGE Sold Prices

Land registry data shows five sales for DERWENT COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the five DERWENT 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
2021 21 JAN	£470,000	£280,392	68% above HPI
2018 9 OCT	£10,000	£250,146	96% below HPI
2016 15 APR	£325,000	£210,713	54% above HPI
2011 20 OCT	£323,000	£186,785	73% above HPI
2006 18 AUG	£292,000	£193,739	51% above HPI

DERWENT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The five DERWENT COTTAGE sales between August 2006 and January 2021 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 2018 sale was for 96% below the HPI. So the extrapolation line tracks at 96% below the HPI over time, until the January 2021 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is DERWENT COTTAGE?

DERWENT COTTAGE is 132m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where DERWENT COTTAGE lies on this distribution: 60% of detached houses are smaller than DERWENT COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Milford.

DERWENT COTTAGE: Plot and Title Map

DERWENT COTTAGE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of DERWENT 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 DERWENT 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 DERWENT COTTAGE?

DERWENT COTTAGE is located on SHAW LANE in MILFORD, in the DE56 postcode district. The below map shows the position of DERWENT COTTAGE on SHAW LANE.