NORWOOD, QUARRY BANK, MATLOCK, DE4 3LF - £543,000

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.

NORWOOD is a large extended detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £645,291. It was last sold for £543,000 in December 2020, which was around 35% above the average December 2020 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

NORWOOD Sold Prices

Land registry data shows two sales for NORWOOD 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 NORWOOD 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
2020 4 DEC	£543,000	£403,299	35% above HPI
2003 31 JAN	£250,000	£196,090	27% above HPI

NORWOOD 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 NORWOOD sales from January 2003 and December 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 January 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2020 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might NORWOOD be worth now?

NORWOOD might now be worth an estimated £645,291.

This is based on house price inflation of 18.8%, between December 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 18.8% inflationary increase is applied to the most recent sale price for NORWOOD of £543,000 on 4th December 2020. For the value to have increased from £543,000 to £645,291 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of NORWOOD has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The December 2020 sale price of £543,000 represented a fair market value for the property.
• The size, condition, and specification of NORWOOD has not materially changed since December 2020.

How Large is NORWOOD?

NORWOOD is 146m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% 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 NORWOOD lies on this distribution: 74% of detached houses houses are smaller than NORWOOD, and 26% of houses are larger. Note that EPC data is not available for all properties in Matlock.

NORWOOD: Plot and Title Map

NORWOOD sits on a plot of roughly 0.472 of an acre, or 1,911m². The below map shows the location of NORWOOD, 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 NORWOOD). 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 NORWOOD?

NORWOOD is located on QUARRY BANK in MATLOCK, in the DE4 postcode district. The below map shows the position of NORWOOD on QUARRY BANK.