FOUNDRY COTTAGE, HYDE BANK ROAD, NEW MILLS, HIGH PEAK, SK22 4BP - £370,000

FOUNDRY COTTAGE is a very large detached house of 153m², built sometime between 2003 and 2006. It was last sold for £370,000 in November 2014, which was around 35% above the average November 2014 detached price in the High Peak local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

FOUNDRY COTTAGE Sold Prices

Land registry data shows two sales for FOUNDRY 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 High Peak local authority area for the corresponding sale date. One of the two FOUNDRY COTTAGE sales was for above the average price, whilst the other was 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
2014 28 NOV	£370,000	£273,790	35% above HPI
1997 16 MAY	£23,000	£90,866	75% below HPI

FOUNDRY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The two FOUNDRY COTTAGE sales from May 1997 and November 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 May 1997 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the November 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is FOUNDRY COTTAGE?

FOUNDRY COTTAGE is 153m² according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where FOUNDRY COTTAGE lies on this distribution: 80% of detached houses are smaller than FOUNDRY COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in New Mills.

FOUNDRY COTTAGE: Plot and Title Map

FOUNDRY COTTAGE sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of FOUNDRY 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 FOUNDRY 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 FOUNDRY COTTAGE?

FOUNDRY COTTAGE is located on HYDE BANK ROAD in NEW MILLS, in the SK22 postcode district. The below map shows the position of FOUNDRY COTTAGE on HYDE BANK ROAD.