HOLLY BANK COTTAGE, BUTTS ROAD, BAKEWELL, DE45 1EB - £888,000

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.

HOLLY BANK COTTAGE is a large extended detached house of 142m², built sometime between 1930 and 1949, which could now be worth an estimated £923,048. It was last sold for £888,000 in August 2022, which was around 98% above the average August 2022 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was A.

HOLLY BANK COTTAGE Sold Prices

Land registry data shows three sales for HOLLY BANK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the three HOLLY 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 23 AUG	£888,000	£449,446	98% above HPI
2006 27 SEP	£547,000	£287,459	90% above HPI
1999 28 APR	£171,500	£108,618	58% above HPI

HOLLY 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 three HOLLY BANK COTTAGE sales between April 1999 and August 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 September 2006 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2022 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might HOLLY BANK COTTAGE be worth now?

HOLLY BANK COTTAGE might now be worth an estimated £923,048.

This is based on house price inflation of 3.9%, between August 2022 and August 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 3.9% inflationary increase is applied to the most recent sale price for HOLLY BANK COTTAGE of £888,000 on 23rd August 2022. For the value to have increased from £888,000 to £923,048 over the three years to August 2025, the following assumptions must hold true:

• The value of HOLLY BANK COTTAGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The August 2022 sale price of £888,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY BANK COTTAGE has not materially changed since August 2022.

How Large is HOLLY BANK COTTAGE?

HOLLY BANK COTTAGE is 142m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses houses in Bakewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bakewell, and where HOLLY BANK COTTAGE lies on this distribution: 67% of detached houses houses are smaller than HOLLY BANK COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bakewell.

HOLLY BANK COTTAGE: Plot and Title Map

HOLLY BANK COTTAGE sits on a plot of roughly 0.360 of an acre, or 1,457m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY BANK COTTAGE?

HOLLY BANK COTTAGE is located on BUTTS ROAD in BAKEWELL, in the DE45 postcode district. The below map shows the position of HOLLY BANK COTTAGE on BUTTS ROAD.