# 8 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT

## Property details

- Slug: `769c182` (address key hash: `769c1827437c6b15653a5adacdb9723884eb91f4`)
- Postcode: DE6 4AT
- Transactions on record: 1

- 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: £488,884 (49 sales)

## Latest sale

- Price: £650,000
- Date: 2026-01-27
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** A
- **Expiry date:** 02/05/2034
- **Current heating cost:** £717/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0070-3007-7305-8554-7200)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-27 | £650,000 | Detached | — | £657,777 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673f-0ed4-d8ea-e063-4704a8c0bf7d) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 8 VERNON DRIVE, KIRK LANGLEY, ASHBOURNE, AMBER VALLEY, DERBYSHIRE, DE6 4AT | £650,000 | 27/01/2026 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [164628785](http://87.117.209.195:8080/listings/24d3cc3)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £650,000 |
| listed | 2025-07-17 | £665,000 |
| sold | 2024-01-01 | £639,995 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** 15.9%
- **10y growth:** 50.6%

## House Price Index (HM Land Registry)

*Official index for East Midlands; Detached series; as of March 2026.*

- **1y growth (index):** 1.8%
- **5y growth (index):** 17.5%
- **10y growth (index):** 48.6%

## Rental Range

*ONS Price Index of Private Rents (East Midlands). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £820/mo
- **Realistic:** £911/mo
- **Optimistic:** £1,002/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.35% (weak for cashflow)
- **Max investor price (0.8%):** £287,500
- **Target investor price (1%):** £230,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,300/mo).*

- **Gross yield:** 4.2%
- **Cost-to-rent:** 23.6×
- **Monthly cashflow:** £-515/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*