PENNY WAY, PUMP LANE, DOVERIDGE, ASHBOURNE, DE6 5LX - £247,000

PENNY WAY is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £247,000 in November 2015, which was around 25% below the average November 2015 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

PENNY WAY Sold Prices

Land registry data shows two sales for PENNY WAY 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 PENNY WAY 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
2015 19 NOV	£247,000	£328,713	25% below HPI
2011 27 OCT	£172,000	£282,038	39% below HPI

PENNY WAY 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 PENNY WAY sales from October 2011 and November 2015 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 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PENNY WAY?

PENNY WAY is 94m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Doveridge, based on EPC data. The below chart shows the distribution of detached houses by size in Doveridge, and where PENNY WAY lies on this distribution: 21% of detached houses are smaller than PENNY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Doveridge.

PENNY WAY: Plot and Title Map

PENNY WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of PENNY WAY, 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 PENNY WAY). 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 PENNY WAY?

PENNY WAY is located on PUMP LANE in DOVERIDGE, in the DE6 postcode district. The below map shows the position of PENNY WAY on PUMP LANE.