48, MEGDALE, MATLOCK, DE4 3JW - £185,000

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

48 MEGDALE is a very small semi-detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £289,089. It was last sold for £185,000 in February 2015, which was around 8% below the average February 2015 semi-detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

48 MEGDALE Sold Prices

Land registry data shows four sales for 48 MEGDALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the four 48 MEGDALE 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
2015 20 FEB	£185,000	£200,762	8% below HPI
2002 12 JUL	£95,000	£103,031	8% below HPI
1997 28 NOV	£58,500	£64,360	9% below HPI
1997 7 MAR	£53,000	£55,928	5% below HPI

48 MEGDALE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The four 48 MEGDALE sales between March 1997 and February 2015 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 July 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2015 sale, which was also at 8% below the HPI.

What might 48 MEGDALE be worth now?

48 MEGDALE might now be worth an estimated £289,089.

This is based on house price inflation of 56.3%, between February 2015 and February 2025, for semi-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 56.3% inflationary increase is applied to the most recent sale price for 48 MEGDALE of £185,000 on 20th February 2015. For the value to have increased from £185,000 to £289,089 over the ten years to February 2025, the following assumptions must hold true:

• The value of 48 MEGDALE has moved in line with the HPI for semi-detached houses in the Derbyshire Dales local authority area.
• The February 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MEGDALE has not materially changed since February 2015.

How Large is 48 MEGDALE?

48 MEGDALE is 79m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of semi-detached houses houses in Matlock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Matlock, and where 48 MEGDALE lies on this distribution: 11% of semi-detached houses houses are smaller than 48 MEGDALE, and 88% of houses are larger. Note that EPC data is not available for all properties in Matlock.

48 MEGDALE: Plot and Title Map

48 MEGDALE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 48 MEGDALE, 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 48 MEGDALE). 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 48 MEGDALE?

48 MEGDALE is located in MATLOCK, in the DE4 postcode district. The below map shows the position of No. 48 on MEGDALE.