THE NEW HOUSE, DERBY ROAD, WIRKSWORTH, MATLOCK, DE4 4AQ - £196,000

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.

THE NEW HOUSE is a midsized extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £309,379. It was last sold for £196,000 in November 2013, which was around 35% below the average November 2013 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

THE NEW HOUSE Sold Prices

Land registry data shows four sales for THE NEW HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the four THE NEW HOUSE 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
2013 22 NOV	£196,000	£299,874	35% below HPI
2009 31 MAR	£150,000	£255,095	41% below HPI
2006 16 AUG	£190,000	£282,282	33% below HPI
1997 2 OCT	£59,000	£106,300	44% below HPI

THE NEW HOUSE 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 four THE NEW HOUSE sales between October 1997 and November 2013 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2013 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £309,379.

This is based on house price inflation of 57.8%, between November 2013 and March 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 57.8% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £196,000 on 22nd November 2013. For the value to have increased from £196,000 to £309,379 over the twelve years and eight months to March 2025, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The November 2013 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since November 2013.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Wirksworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wirksworth, and where THE NEW HOUSE lies on this distribution: 54% of detached houses houses are smaller than THE NEW HOUSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wirksworth.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of THE NEW HOUSE, 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 THE NEW HOUSE). 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 THE NEW HOUSE?

THE NEW HOUSE is located on DERBY ROAD in WIRKSWORTH, in the DE4 postcode district. The below map shows the position of THE NEW HOUSE on DERBY ROAD.