116, MORLEDGE, MATLOCK, DE4 3SD - £330,000

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.

116 MORLEDGE is a midsized detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £422,365. It was last sold for £330,000 in July 2020, which was around 12% below the average July 2020 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

116 MORLEDGE Sold Prices

Land registry data shows two sales for 116 MORLEDGE 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 116 MORLEDGE 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
2020 2 JUL	£330,000	£374,463	12% below HPI
2007 13 APR	£331,000	£277,416	19% above HPI

116 MORLEDGE 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 116 MORLEDGE sales from April 2007 and July 2020 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 April 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 116 MORLEDGE be worth now?

116 MORLEDGE might now be worth an estimated £422,365.

This is based on house price inflation of 28%, between July 2020 and February 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 28% inflationary increase is applied to the most recent sale price for 116 MORLEDGE of £330,000 on 2nd July 2020. For the value to have increased from £330,000 to £422,365 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 116 MORLEDGE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The July 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 116 MORLEDGE has not materially changed since July 2020.

How Large is 116 MORLEDGE?

116 MORLEDGE is 123m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Matlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Matlock, and where 116 MORLEDGE lies on this distribution: 53% of detached houses houses are smaller than 116 MORLEDGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Matlock.

116 MORLEDGE: Plot and Title Map

116 MORLEDGE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 116 MORLEDGE, 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 116 MORLEDGE). 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 116 MORLEDGE?

116 MORLEDGE is located in MATLOCK, in the DE4 postcode district. The below map shows the position of No. 116 on MORLEDGE.