THE OLD FORGE, MAIN ROAD, WHATSTANDWELL, MATLOCK, DE4 5HE - £475,000

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 OLD FORGE is a very large extended semi-detached house of 191m², built sometime before 1900, which could now be worth an estimated £521,277. It was last sold for £475,000 in June 2024, which was around 139% above the average June 2024 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

THE OLD FORGE Sold Prices

Land registry data shows three sales for THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three THE OLD FORGE 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
2024 26 JUN	£475,000	£198,646	139% above HPI
2020 14 SEP	£405,000	£167,242	142% above HPI
2013 7 JAN	£281,300	£117,823	139% above HPI

THE OLD FORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three THE OLD FORGE sales between January 2013 and June 2024 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 September 2020 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the June 2024 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

What might THE OLD FORGE be worth now?

THE OLD FORGE might now be worth an estimated £521,277.

This is based on house price inflation of 9.7%, between June 2024 and February 2025, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.7% inflationary increase is applied to the most recent sale price for THE OLD FORGE of £475,000 on 26th June 2024. For the value to have increased from £475,000 to £521,277 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of THE OLD FORGE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The June 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FORGE has not materially changed since June 2024.

How Large is THE OLD FORGE?

THE OLD FORGE is 191m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of semi-detached houses houses in Whatstandwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whatstandwell, and where THE OLD FORGE lies on this distribution: 92% of semi-detached houses houses are smaller than THE OLD FORGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Whatstandwell.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of THE OLD FORGE, 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 OLD FORGE). 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 OLD FORGE?

THE OLD FORGE is located on MAIN ROAD in WHATSTANDWELL, in the DE4 postcode district. The below map shows the position of THE OLD FORGE on MAIN ROAD.