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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILLENNIUM is a very large extended detached house of 207m², built sometime between 1983 and 1990. It was last sold for £515,000 in May 2018, which was around 45% 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	£355,175	45% above HPI
2014 7 MAR	£465,000	£302,635	54% above HPI
2000 24 NOV	£240,000	£147,702	62% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the May 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

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 in Matlock, based on EPC data. The below chart shows the distribution of detached houses by size in Matlock, and where MILLENNIUM lies on this distribution: 94% of detached 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.