Detached

8 VERNON DRIVE

KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT

£650,000

Location

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

5

Bathrooms

3

Floor area

181 m²

EPC rating

B

Last sold

£650,000 Jan 2026

Price per m²

£3,591/m²

Local average

£485,839 (48 sales)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 03/05/2024

Current heating cost: £717/year

Potential heating cost: £721/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/01/2026 £650,000 Detached £657,777 to March 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
9 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT £645,000 28/11/2025 Detached
5 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT £519,995 14/12/2023 Detached
14 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT £524,995 07/12/2023 Detached
3 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT £449,995 01/12/2023 Detached

Area average: £534,996 (4 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 16.3%
10y growth 48.6%

House Price Index (HM Land Registry — official index, not sold-price averages): East Midlands. Series: Detached. As of March 2026.

1y (index) 1.8%
5y (index) 17.5%
10y (index) 48.6%

Rental Range

Estimated market rent for East Midlands. Low = conservative, Realistic = average, Optimistic = best case.

Low £820/mo
Realistic £911/mo
Optimistic £1,002/mo

Based on Postcode area DE → East Midlands.

LHA (30th percentile) floor for Peaks & Dales: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 5-bedroom count for this property). Student lets are excluded.

Title Rent Beds As seen on
2 Bed Detached House, Church Lane, DE6 £2,300/mo 2 OpenRent

Average rent: £2,300/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £287,500
Target investor price (1%) £230,000
Gross yield 4.2%
Cost-to-rent ratio 23.6×
Monthly cashflow £-515/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Flood zone data is not yet available for this property.

Street-level crime

Crime data is not yet available for this property.

FENSA

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