11A, THE CLOSE, MATLOCK, DE4 3LE - £348,000

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.

11A THE CLOSE is a midsized detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £470,602. It was last sold for £348,000 in March 2018, which was around 1% below the average March 2018 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

11A THE CLOSE Sold Prices

Land registry data shows two sales for 11A THE CLOSE 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 11A THE CLOSE 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
2018 29 MAR	£348,000	£350,025	1% below HPI
2014 1 JUL	£286,000	£299,320	4% below HPI

11A THE CLOSE 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 11A THE CLOSE sales from July 2014 and March 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 July 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11A THE CLOSE be worth now?

11A THE CLOSE might now be worth an estimated £470,602.

This is based on house price inflation of 35.2%, between March 2018 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 35.2% inflationary increase is applied to the most recent sale price for 11A THE CLOSE of £348,000 on 29th March 2018. For the value to have increased from £348,000 to £470,602 over the seven years to March 2025, the following assumptions must hold true:

• The value of 11A THE CLOSE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The March 2018 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 11A THE CLOSE has not materially changed since March 2018.

How Large is 11A THE CLOSE?

11A THE CLOSE is 123m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 11A THE CLOSE lies on this distribution: 53% of detached houses houses are smaller than 11A THE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Matlock.

11A THE CLOSE: Plot and Title Map

11A THE CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 11A THE CLOSE, 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 11A THE CLOSE). 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 11A THE CLOSE?

11A THE CLOSE is located in MATLOCK, in the DE4 postcode district. The below map shows the position of No. 11A on THE CLOSE.