3, NETHER WAY, DARLEY DALE, MATLOCK, DE4 2TS - £455,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 NETHER WAY is a midsized extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £470,675. It was last sold for £455,000 in December 2023, which was around 1% below the average December 2023 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

3 NETHER WAY Sold Prices

Land registry data shows two sales for 3 NETHER 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 3 NETHER 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
2023 20 DEC	£455,000	£458,543	1% below HPI
2016 1 MAR	£317,500	£334,311	5% below HPI

3 NETHER 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 3 NETHER WAY sales from March 2016 and December 2023 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 March 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 NETHER WAY be worth now?

3 NETHER WAY might now be worth an estimated £470,675.

This is based on house price inflation of 3.4%, between December 2023 and December 2024, 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 3.4% inflationary increase is applied to the most recent sale price for 3 NETHER WAY of £455,000 on 20th December 2023. For the value to have increased from £455,000 to £470,675 over the one year to December 2024, the following assumptions must hold true:

• The value of 3 NETHER WAY has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2023 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NETHER WAY has not materially changed since December 2023.

How Large is 3 NETHER WAY?

3 NETHER WAY is 107m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses houses in Darley Dale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Darley Dale, and where 3 NETHER WAY lies on this distribution: 54% of detached houses houses are smaller than 3 NETHER WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Darley Dale.

3 NETHER WAY: Plot and Title Map

3 NETHER WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 3 NETHER 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 3 NETHER 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 3 NETHER WAY?

3 NETHER WAY is located in DARLEY DALE, in the DE4 postcode district. The below map shows the position of No. 3 on NETHER WAY.