WESTERING, PADLEY ROAD, GRINDLEFORD, HOPE VALLEY, S32 2HR - £183,143

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.

WESTERING is a very small extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £253,605. It was last sold for £183,143 in December 2019, which was around 49% below the average December 2019 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

WESTERING Sold Prices

Land registry data shows two sales for WESTERING 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 WESTERING 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
2019 6 DEC	£183,143	£355,665	49% below HPI
2001 29 JAN	£290,000	£135,918	113% above HPI

WESTERING 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 WESTERING sales from January 2001 and December 2019 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 January 2001 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the December 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might WESTERING be worth now?

WESTERING might now be worth an estimated £253,605.

This is based on house price inflation of 38.5%, between December 2019 and July 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 38.5% inflationary increase is applied to the most recent sale price for WESTERING of £183,143 on 6th December 2019. For the value to have increased from £183,143 to £253,605 over the seven years and five months to July 2026, the following assumptions must hold true:

• The value of WESTERING has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2019 sale price of £183,143 represented a fair market value for the property.
• The size, condition, and specification of WESTERING has not materially changed since December 2019.

How Large is WESTERING?

WESTERING is 152m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 WESTERING lies on this distribution: 17% of detached houses houses are smaller than WESTERING, and 80% of houses are larger. Note that EPC data is not available for all properties in Nether Padley.

WESTERING: Plot and Title Map

WESTERING sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of WESTERING, 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 WESTERING). 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 WESTERING?

WESTERING is located on PADLEY ROAD in GRINDLEFORD, in the S32 postcode district. The below map shows the position of WESTERING on PADLEY ROAD.