MILLENNIUM, FARLEY HILL, MATLOCK, DE4 3LL - £515,000

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.

MILLENNIUM is a very large extended detached house of 207m², built sometime between 1983 and 1990, which could now be worth an estimated £704,978. It was last sold for £515,000 in May 2018, which was around 47% above the average May 2018 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

MILLENNIUM Sold Prices

Land registry data shows three sales for MILLENNIUM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the three MILLENNIUM sales were 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
2018 25 MAY	£515,000	£350,118	47% above HPI
2014 7 MAR	£465,000	£298,326	56% above HPI
2000 24 NOV	£240,000	£145,599	65% above HPI

MILLENNIUM 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 three MILLENNIUM sales between November 2000 and May 2018 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 2014 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2018 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might MILLENNIUM be worth now?

MILLENNIUM might now be worth an estimated £704,978.

This is based on house price inflation of 36.9%, between May 2018 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 36.9% inflationary increase is applied to the most recent sale price for MILLENNIUM of £515,000 on 25th May 2018. For the value to have increased from £515,000 to £704,978 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of MILLENNIUM has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The May 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of MILLENNIUM has not materially changed since May 2018.

How Large is MILLENNIUM?

MILLENNIUM is 207m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% 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 MILLENNIUM lies on this distribution: 94% of detached houses houses are smaller than MILLENNIUM, and 6% of houses are larger. Note that EPC data is not available for all properties in Matlock.

MILLENNIUM: Plot and Title Map

MILLENNIUM sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of MILLENNIUM, 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 MILLENNIUM). 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 MILLENNIUM?

MILLENNIUM is located on FARLEY HILL in MATLOCK, in the DE4 postcode district. The below map shows the position of MILLENNIUM on FARLEY HILL.